Depreciation Tools

ITR Depreciation: Rental Property - Capital Allowance
To get it into a rental worksheet on the tax form the user has to link it under Capital Allowances section. Need a Depreciation Report for a Rental Propert...
Thu, 1 Aug, 2024 at 1:25 PM
ITR Depreciation: Rental Property - Capital Works Rental (Division 40 and Division 43)
To get it into a rental worksheet on the tax form the user has to link it under Capital Work section. Need a Depreciation Report for a Rental Property? Cli...
Thu, 1 Aug, 2024 at 1:23 PM
ITR Depreciation: Work Related Expense + Private use for Individual Tax Return
How to separate depreciation 80% business and 20% Work Related use Options: Option 1 - Via LodgeiT Depreciation "Tools" Option 2 - Direct Fi...
Fri, 2 Aug, 2024 at 1:21 PM
Video : Basics of Depreciation including General Pool
Watch this helpful video about basics of depreciation including General Pool Note: "Posting/processing depreciation" function is unnecessar...
Mon, 22 Mar, 2021 at 1:08 PM
Applying "Car Cost Limit"
Make sure to set up the correct "Category" and "Type" of  Depreciation  - The car cost depreciation limit is the maximum value that can...
Fri, 16 Dec, 2022 at 7:57 AM
FAQ: Pre 2014 Cars/Vehicle Depreciation Reduction
Question: the error flag below, when inputting a new asset purchase did not seem correct; I understand that a MV write off may be allowed with exception of ...
Tue, 1 Dec, 2020 at 7:53 AM
Motor vehicle with cost higher than the car limit and applying GST
Question: How GST applies for Motor Vehicle with higher than the car limit? Solution: ie, For GST registered, it is $52,346 since the GST of $523.60 wil...
Sun, 28 Aug, 2022 at 5:26 PM
ITR Depreciation: Low Value Pool Depreciation (D6) in Individual Tax Return Financial Investments
Adding Low Value Pool Financial Investments Option 1 - Via LodgeiT Depreciation "Tools" Option 2 - Direct Fill Option 1 - Via LodgeiT Depr...
Fri, 2 Aug, 2024 at 2:24 PM
ITR Depreciation: Expense > SBE > P10
Question:  The depreciation expenses show at P10 as an immediate write-off, it does not get deducted as business expenses, in other words, it has to be inpu...
Wed, 14 Aug, 2024 at 9:44 AM
TTR/PTR Depreciation: Using SBE General Pool and Immediate Write Off in Trust or Partnership Tax Return
This video demonstrates methods for -  Setting a start date. Learn more Adding the General Pool Group Adding the General Pool with an opening balance ...
Sat, 6 Nov, 2021 at 4:17 PM