Published on 04 May 01
by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE
A new Capital Allowances regime is to commence on 1st July 2001. This paper provides a practical guide to this regime, including: First and second element costs; Holding a depreciated asset; Business establishment and capital raising expenditure; Balancing adjustments - interaction with CGT; Pooling and effective life.
Wayne is a Senior Tax Manager with PKF.
- Current at
15 March 2005