Depreciation Category and Rate - external screen doors

Discussion in 'Accounting & Tax' started by ray63, 23rd Jun, 2020.

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  1. ray63

    ray63 Member

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    Under what category would new sliding screen doors ($3300 installed) be considered (not repair)? Doors included lock and security mesh.

    Presumably depreciated, but at what rate and category? Capital works? Plant? other?
     
    ray63, 23rd Jun, 2020
    #1
  2. Mark F

    Mark F Well-Known Member

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    I believe they are Capital Works.
     
    Mark F, 23rd Jun, 2020
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  3. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    Check the ATO determinations for div 40 assets. Otherwise as attached to a building it's Div 43 cap allowance.
     
    Paul@PAS, 23rd Jun, 2020
    #3
  4. BMT Tax Depreciation

    BMT Tax Depreciation Chris Business Member

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    Capital works, unfortunately.
     
    BMT Tax Depreciation, 24th Jun, 2020
    #4