Full expensing of assets - Webinar Recording





Presented by Frank Drenth
Recorded 12 March 2021

The Government’s COVID-19 response has seen the threshold for the full expensing of depreciating assets rise from $30,000 to $150,000 to being uncapped over a matter of months.

Different rules apply around a number of important issues, such as the treatment of second-hand assets and pre-existing orders, depending on turn-over. The temporary new rules also have important implications for the general low-value pool, while an apparent oversight in legislating for the choice to opt out of full expensing will create potential problems for some clients.

This webinar will take you through the way that the new full expensing rules apply or don’t apply to different business entities, with helpful examples throughout.

 
Full expensing of assets


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