Show download pdf controls
  • Capital allowances

    Attention

    Warning:

    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

    End of attention

    Have you self-assessed the effective life of any depreciating assets acquired in the income year?

    Answer Yes or No as appropriate.

    See also:

    Did you recalculate the effective life for any of your depreciating assets this income year?

    Answer Yes or No as appropriate.

    See also:

    Total depreciation deducted for income year

    Enter your depreciation expense deduction amount, calculated under section 40-25 of the ITAA 1997.

    See also:

    Total section 40-880 deductions

    Enter the total amount of the trust’s deductions allowable under section 40-880 of the ITAA 1997.

    See also:

    Total Division 43 capital works deductions (special building write-off)

    Enter the amount of your capital works deductions allowable under Division 43 of the ITAA 1997.

    See also:

    Last modified: 30 May 2019QC 58632