Latest Post
  • Expenditure of a capital nature must be depreciated
  • Insurance payout less depreciation remaining is income/loss for destroyed capital items
  • Repairs to damaged capital items claimed as expense in that year
  • Replacement of capital items must be depreciated over effective life
  • Holders of assets fixed or removeable on land are entitled to depreciation on those assets
Popular Links
  • ATO
  • Guide to Depreciating Assets 2025
  • Rental Properties 2025
  • TR 2025/20
  • Rental property damaged/destroyed by natural disaster
Follow Us
Read More Blog
Copyright 2025 David Lee Depreciation. All rights reserved. Powered by Vodien.