A medium sized building maintenance business with an asset register purchases many small hand tools. All tools purchased for $100 or less that are not recorded on the asset register are claimed as outright deductions in the year of purchase.
End of example
A small cafe owner, who does not maintain an asset register, purchases spoons, coffee cups, espresso glasses and saucers every few months to maintain constant levels of stock, as these items are damaged or stolen. The owner spends around $60 every three or four months for these small items and claims the whole expense as a deduction in that income year.