Settings - Depreciation

Depreciation Rules

Depreciation Rules - 2019 to 2022

Depreciation FAQ's


Small business tax offset for Individual Tax Return (ITR)

General Pool Depreciation in Individual Tax Return Business Schedule (Sole Trader)


Depreciation to Rental (Individual Tax Return)

Depreciation: Work Related Motor Vehicle (ITR) Report from other System to LodgeiT

Depreciation: Work Related Expense + Private use for Individual Tax Return (ITR)

Depreciation: Rental Property (Individual Tax Return)- Capital Allowance

Depreciation: Rental Property (ITR)- Capital Works Rental

Rental Property Low Value Pool - Individual Tax Return (ITR)

General Pool- Related to Business (Individual Tax Return)

Low Value Pool (Business Related) Individual Tax Return


Depreciation: Capital Allowance Asset as Work Related Expense (Individual Tax Return) 

Work Related Depreciation + Private use for Individual Tax Return (ITR)

Work Related Motor Vehicle Logbook Method in Individual Tax Return

Immediate write off

Depreciation: Profit on Sale / Recoupement

How to dispose an asset

How to reset depreciation start date


General Pool Depreciation Write-off

How to move an Asset from “Plant and Equipment” to “General Pool”

How to move an Asset from “Motor Vehicle” to “General Pool”

How to move an Asset from “Motor Vehicle” to “Low Value Pool”

FAQ: Pre 2014 Cars/Vehicle Depreciation Reduction 

Depreciation > Luxury Car Limit