Plant & equipment (division 40) items with a value of $1,000 or less in any financial year will enter the low value pool where the tax deduction rate for that item will become either 18.75% (for the first year) or 37.5% (subsequent years).
Thrifty tax is an Australian owned quantity surveying company which specialises in tax depreciation. Our vision is to provide high-returning, ato compliant tax depreciation schedules for property investors at affordable prices.
