Search for     
ato.gov.au        Businesses section only        
Advanced search
Search tips
> Businesses > Tax topics - Capital allowances > Advanced > Low-value pools   
 

Uniform capital allowance system: low-value pools

 
Increase text size Decrease text size
 

What is a depreciating asset's adjustable value?

An asset's adjustable value at a particular time is its cost less its decline in value up to that time. The adjustable value at the start of an income year (the opening adjustable value), is the same as its adjustable value at the end of the previous income year. The adjustable value of a newly acquired asset is generally the asset's cost.

Last Modified: Wednesday, 25 January 2012
 
Table of contents
Give us your feedback
 
© Australian Taxation Office for the Commonwealth of Australia
Top of page
More information on page