Accountant in Camberwell Saves on Write-Offs
From the 1st of July 2012
A Camberwell accountant buys a $3,000 desk excluding GST on the 20h May 2013 and it is delivered on the 30th of June 2013. As the desk is an asset with a purchase value less than $6500, and it was ready for use in the 2012-13 year, the Camberwell accountant can write-off the asset of $3000 in the 2012-13 year.
The accountant in Camberwell also buys a computer worth $7000 incl GST on 20th May 2013 and has it installed on the 15th June 2013. As the computer was installed ready for use in the 2012-13 year, has a GST exclusive value of $6364, the accountant can also claim the computer in full.
Hillyer Riches is a specialist accounting, business advisory and superannuation firm located in Melbourne and servicing areas such as Camberwell & Malvern. For more information email email@example.com
This article is for general information only and should not be relied upon without first seeking advice from an appropriately qualified professional.