Consumables goods that's used for repair... are they tax-deductible?

Discussion in 'Accounting & Tax' started by fullylucky, 23rd Dec, 2015.

Join Australia's most dynamic and respected property investment community
  1. fullylucky

    fullylucky Well-Known Member

    Joined:
    26th Jun, 2015
    Posts:
    529
    Location:
    QLD
    Consumables goods that's used for repair... are they tax-deductible?

    Like gloves and shovel? say for under gardening?
     
  2. 158

    158 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,275
    Location:
    Brisbane, Qld
    They are, but I'm not sure what cell you would put them in your illegal depreciation spreadsheet. Perhaps with a Quantity Surveyor prepared Depreciation Schedule, you could call them up to amend for you legally.

    pinkboy
     
    BMT Tax Depreciation and Mumbai like this.