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).
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).