Published on 20 Apr 2000
| Took place at Menzies Hotel
Topics covered include: The depreciation changes already made; The proposed tax value approach; What is effective life? What is an asset?; Pooled deductions.
Author(s): Tony BAXTER The changes to depreciation resulting from the Ralph Review are substantial. It was, after all, one of the key concessions traded for a lower entity tax rate. There are two distinct parts to changes in the depreciation regime. A very significant body of changes has already been legislated and much of it is in effect or about to come into effect for the majority of taxpayers. This paper examines the changes already made before addressing the changes that are yet to come.