Blog
Depreciation, in depth.
Practical writing on Australian tax depreciation and the financial decisions it touches, for business owners, accountants and finance teams.
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The Zero-Asset Balance Sheet: A Potential Instant Asset Write-off Outcome
When a business applies the instant asset write-off directly to its accounting records, the asset can vanish from the balance sheet entirely. That may be costing them in ways that have nothing to do with tax.
Why Accounting Depreciation Should Never Equal Tax Depreciation
Australian small business accounting has a deep habit of copying tax depreciation straight into the books. It is a category error that corrupts financial statements and misleads everyone who relies on them.
The rules are complicated. Your depreciation software shouldn't be.
Division 40, Division 43, instant asset write-off, pooling and more, all handled correctly, every time.