I don't want to annoy my account because she is on mat leave.
I want to know If we buy a new computer (for business) can we claim the full amount? If so how does this work if we are paying PAYG
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03-06-2015 11:23 #1
Tax question (business)
03-06-2015 11:35 #2Senior Member
- Join Date
- Sep 2009
Yes, if it's under the asset threshold ($1000) from memory. It will mean your taxable income for the year is lower, just put it through your books as a normal purchase.
It shouldn't change your payg for the quarter, it will just get reconciled when you do your tax.
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