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