Assets & Depreciation - Changes for Small Business
Check with your Tax Agent if you are included.
- No more ? long life? pool for small business
- Write off assets immediately if they cost less than $6500 excl GST
- Motor Vehicles have a $5000 write off in the year acquired plus 15% depreciation in the first year. 2nd year onwards, Motor Vehicles then have 30% depreciation
Angelique offers professional service with peace of mind. As a qualified and registered BAS agent, Angelique provides quality services combined with honesty and integrity, confidence, competence and lawful independence.