Which is claiming depreciation of the fixtures and fittings, Taxation

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Which is claiming depreciation of the fixtures and fittings

Problem

Victor has a rental property (in his name only) for which he is claiming depreciation of the fixtures and fittings. He has a low value pool which he commenced in the 2019 year. The closing balance of the pool at the end of the 2020 was $876. He also has items that he claimed using the effective life method of decline in value.

Details of his 2020 depreciation schedule are shown below.

Select the item/s Victor can add to his low value pool in order to maximise his deduction.

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Taxation: Which is claiming depreciation of the fixtures and fittings

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Taxation: Which is claiming depreciation of the fixtures and fittings

Reference No:- TGS03271143

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