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49 Small business entity simplified depreciation

Last updated 11 February 2019

Small business concessions: changes to simpler depreciation rules

On 17 December 2013, the government announced that it would make changes to small business concessions for assets acquired from 1 January 2014. At the time of printing these changes had not become law. Go to for information about the progress of this legislation.

Only complete this item if the trust is a small business entity using the simplified depreciation rules.

To complete this item, use the amounts calculated for small business entity depreciation deductions at K item 5. Show at:

  • A Deduction for certain assets the total amount claimed relating to these assets
  • B Deduction for general small business pool assets, the total amount claimed relating to the general small business pool.