THE TAX AGENT
MICHAEL L. BLONSKY PNA
B.Sc(Econ), B.Comm, FNTAA, JP
Accountant & Registered Tax Agent
for Sydney's Inner and Eastern Suburbs
A Guide for your
Business
Tax, Accounting and Bookkeeping
Covering the Sydney Inner and Eastern Suburbs, including Alexandria, Annandale, Coogee-Clovelly, Bondi Junction, Botany, Bronte, Double Bay, Glebe, Kensington, Kingsford, Leichhardt, Maroubra, Marrickville, Mascot, Newtown, Paddington, Randwick, Rose Bay, Rosebery and Waverly
PO Box 322
Randwick, NSW 2031
Australia
ph: (612) 9398-2819
fax: (612) 9398-1341
alt: Mobile: 0408-863-992
info
Depreciation Tables
Diminishing value method -
If you start to hold the asset before 10 May 2006 -
Base value x (Days held /365 ) x (150%/Asset's effective life (see table)
If you start to hold the asset on or after 10 May 2006 -
Base value x (Days held/365) x (200%/Asset's effective life (see table)
- Accomodation p73/74
- Cafes,restaurants,takeaway food services p75
- Food retailing p72/73
- Optometry and optical dispensing p 102/104
- Personal services p 110
- - cleaner
- - Dry cleaner/Laundry
- - Hairdresser
- - Photographers
- Real Estate - builders p 90/96
- -owners/operators p 92/96
- Retail trade p72
Australian Taxation Office
What do accountants suffer from that ordinary people don't?
Depreciation!!
PO Box 322
Randwick, NSW 2031
Australia
ph: (612) 9398-2819
fax: (612) 9398-1341
alt: Mobile: 0408-863-992
info
