Guide to depreciating assets 2023

Find out who should use the Guide to depreciating assets 2023 and how to download or print a copy.

Depreciating assets, deductions and uniform capital allowances rules, working out decline in value and effective life.

About uniform capital allowances and steps to follow to work out your deduction.

What is a depreciating asset, second-hand depreciating asset, and what depreciating assets are excluded from UCA.

Find out who can claim deductions for the decline in value of a depreciating asset.

General and specific rules for working out the decline in value of depreciating assets.

Find out when you can claim an immediate deduction for the cost of certain non-business depreciating assets.

Find out about the effective life of deprecating assets (how long it can be used for a taxable purpose).

About the cost of a depreciating asset, limitations or arrangements you need to take into account for decline in value.

Find out what happens if you no longer hold or use a depreciating asset.

About low value pools, when you can allocate depreciating assets and how to work out the decline in value.

About in-house software and claiming a decline in value deduction under UCA.

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 (UCA).

Eligibility for small business entity concessions, simplified depreciation rules, and rollover relief.

When certain start-up expenses are immediately deductible under Section 40-880.

Records to keep for depreciating assets, low-value pools and rollover relief available under UCA.