Depreciation and capital expenses and allowances

Eligibility for and how to use the rules, such as Instant asset write-off and Small business pool.

General depreciation rules set the amounts (capital allowances) that can be claimed based on the asset's effective life.

You may be able to claim an immediate deduction for the cost of eligible assets and improvements to existing assets.

Explains eligibility and claiming for the 2019–20 to 2020–21 measure which accelerated depreciation for new assets.

Work out if the capital works deduction applies to your activity.

Special rules apply to claiming deductions for certain depreciating assets and other business capital expenses.

Detailed information about depreciation and capital expenses and allowances.