A-Z index

Asset depreciation deductions

Depreciating assets and CGT
A capital gain or capital loss from the disposal of a depreciating asset will only arise to the extent that you have used the asset for a non-taxable purpose (for example, used for private purposes).
Depreciation and capital expenses and allowances
Capital allowance measures contain the rules for calculating the decline in value of depreciating assets.
Effective life of an asset
To use either of the depreciation methods, you have to work out how long the asset can be used to produce income - its effective life.
Simpler depreciation for small business
Simplified depreciation rules including instant asset write-off for small businesses with an aggregated turnover of less than $10 million from 1 July 2016.
Third-party reporting