Business Advisors & Tax Accountants Melbourne

Accelerated depreciation for small business

  • Applies to small business (turnover under $2m) assets acquired and installed ready
    for use between 7:30pm (AEST) 12 May 2015 and 30 June 2017.
  • Assets valued less than $20,000 can be immediately written off (low cost assets
    worksheet).

The pooled assets can be immediately deducted if the balance is less than $20,000

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