About Us

About Us

The Valuit Service – it’s all about cashflow

Valuit Asset Appraisals Limited is New Zealand’s only nationwide property depreciation specialists. Established in 1998 by property investment expert, Steve Tucker, the Valuit team have the knowledge and expertise to help you achieve maximum returns on your investment. Steve Tucker himself is a registered Plant and Machinery Valuer, and is also a Senior member of the property institute of NZ – SPINZ. Here at Valuit, we’ll help you navigate your way through depreciation apportionment and IRD requirements.

Our state-of-the-art software system has been designed to make the process of depreciating your property easy.  Our reports provide detailed records on your property, allowing a full breakdown based on IRD categories. The condition of your property’s assets are recorded in detail, allowing for easy future depreciation calculations. As industry leaders, we are aware that many find depreciation apportionment a tricky area to navigate. Valuit are here to help investors receive maximum benefits and returns from their investment.

The team at Valuit are the ones to speak to about Rental Property Chattels Depreciation and all Commercial Property Depreciation.

To keep up to speed with the property market and depreciation sign up to our newsletter – “Valu in review”

   

Use the calculator below to estimate the depreciation on your RESIDENTIAL investment property. NOTE this is an example only and actual deprecation will differ. This calculation is based on a single stand alone dwelling.

Purchase Price
Your estimate of Current Land Value
Construction Completion Year
Recent Renovations to Property
Annual Income Bracket for Tax Benefits
 
1st Year 10 Year Total
Estimated Depreciation
Estimated Tax Savings

   

Use the calculator below to determine the ALLOCATION between LAND and DEPRECIABLE PROPERTY  for your COMMERCIAL PROPERTY Sale/Purchase transaction.  NOTE this is required for a majority of commercial property from 1 April 2021

  • Calculator - "Sale/Purchase Price Allocation"

    Please fill in the 3 calculator fields below. Once completed the results will appear on the right side.
  • Excluding Business Assets such as, separately identified plant and equipment, trading stock, financial arrangements, goodwill and so on.
  • As specified on RATING VALUATION or REGISTERED VALUATION
  • As specified on Valuation (as utilised above)
  • Results - "Sale/Purchase Price Allocation"

    To be incorporated into SALE and PURCHASE AGREEMENT. COMMERCIAL Property ONLY
  • Excluding Business Assets such as, separately identified plant and equipment, trading stock, financial arrangements, goodwill and so on.
  • (Include within the Sale and Purchase Agreement)
  • (Include within Sale and Purchase Agreement) Excludes Business Assets such as, separately identified plant and equipment, trading stock, financial arrangements, goodwill and so on.