Deductions August 2014

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Running Time: 8:32

Date: 01/08/2014

  • R&D: deductibility of design expenditure: TD 2014/15
  • Car depreciation limit 2014-15: TD 2014/17
  • Luxury car tax threshold 2014-15: LCTD 2014/2
  • Effective life of depreciating assets 1 July 2014: TR 2014/4
  • AAT Case [2014] AATA 414, Re RepairCo v FCT
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Peter McGinty, Chartered Accountants Australia and New Zealand