Search results

  1. geoffw

    Claiming up to $20 000 immediate deduction

    I think there might be a CGT implication if you sold the business. If an asset had been depreciated, you can claim the written down value against your CGT. But if it's written off immediately there's no residual value left to claim. It's likely that there will be a 50% CGT reduction, so it's...
Back
Top