Guide to depreciating assets 2025
Guide to claiming the decline in value of capital assets used in gaining assessable income, such as a car or machinery.
Published 28 May 2025
How to download a copy of the guide to depreciating assets.
How depreciating assets works and your obligations when you dispose or stop using them.
Find out what's new in legislation or other changes that need to be taken into consideration for 2025.
About uniform capital allowances and steps to follow to work out your deduction.
Depreciating assets, who can claim them, work out the decline in value and when you can claim an immediate deduction.
Find out what happens if you no longer hold or use a depreciating asset.
About low-value and software development pools, allocating assets to a pool and working out their decline in value.
When the taxation of financial arrangements rules apply to you and your depreciating assets.
Depreciating assets used in primary production and the special rules for working out the decline in value.
When you can claim capital expenditure deductions under uniform capital allowances.
Eligibility for small business entity concessions, simplified depreciation rules and rollover relief.
When certain start-up expenses are immediately deductible under section 40-880 of the ITAA 1997.
Records to keep and worksheets for depreciating assets, low-value pools and rollover relief available under UCA.
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