Depreciation Tools
You may access Depreciation for self education expense via "Tools" Below example is a depreciation under "Plant & Equipment" for ...
Wed, 23 Aug, 2023 at 1:20 PM
Temporary full expensing (TFE) ends 30 June 2023. Small businesses, with aggregated turnover of less than $10 million, will be able to immediately deduct ...
Tue, 18 Feb, 2025 at 3:43 PM
Question: In the company tax return instructions it says "Note that for small business entities using the simplified depreciation rules, you also need ...
Thu, 14 Oct, 2021 at 10:11 AM
Question: I have a client with some assets they use to track their share portfolio. I have used the depreciation tool to calculate the depreciation and told...
Wed, 1 Sep, 2021 at 2:32 PM
Question: I just need to find out under which item that I can accommodate the "Work from Home" figures in LodgeIT? Answer: Please include the amo...
Sun, 3 Oct, 2021 at 10:27 PM
This video tackles about temporary full expensing with respect to Small Business Entities (Less than $10,000,000 turnover) using a company structure. Tempo...
Fri, 10 Feb, 2023 at 12:55 PM
How to separate depreciation 80% business and 20% Private use Options: Option 1 - Via LodgeiT Depreciation "Tools" Option 2 - Direct Fill Op...
Fri, 2 Aug, 2024 at 1:25 PM
Question: When I add a new asset, there is no place to put the opening balance. Please see the below pics for two of my clients, one I could put opening bal...
Wed, 6 Apr, 2022 at 11:17 AM
Question: I need to calculate the depreciation on a low value pool based on a 50% taxable use. I have added the low value pool and asset and 50% taxable us...
Wed, 6 Apr, 2022 at 1:29 PM
LodgeiT had to modify the software to meet the ATO requirement for SBE's with general pool and immediate write off. i.e. their design spec for CTR ...
Tue, 12 Apr, 2022 at 12:21 PM