For small businesses (turnover < $10 million) we suggest using simpler depreciation methods. Essentially, you get to write-off all assets that are not fixtures i.e. part of a building. For 2021 depreciation deductions, Learn more here

LodgeIT includes a full range of depreciation calculators and tools. All values calculated by LodgeiT depreciation system inject dynamically into the correct section of the relevant tax form.