12/03/2023
Purchased any equipment for work-related use this financial year? Let us know when we complete your individual tax return.
We can claim a deduction for the decline in value of depreciating assets you buy and use to earn your income as an employee.
Call (02) 6041 1828 or email us now for an appointment.
Purchased any equipment for work-related use this financial year? 💻🖨️
➡️ If an item cost you $300 or less, you may be able to claim an immediate deduction when you lodge your .
➡️ If it cost over $300, you’ll need to work out the decline in value and claim your deduction over a number of years.
Want to learn more? Check out our comments 👇 and visit www.ato.gov.au/Individuals/Income-and-deductions/In-detail/Decline-in-value-of-depreciating-assets/