Hello
Please advise if a lessee can claim temporary expense for second hand assets owned by lessee as per the lease agreement for a motel lease if the lease starts in December 2022.
Thanks
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Hi @Sabby1,
One of the eligibility criteria to use temporary full expenses is you needed to of held the eligible asset, which can be second-hand, to be first used or installed ready to use for a taxable purpose between 6 October 2020 and 30 June 2023.
If you haven't already, check out the information on our website where it talks about eligibility for temporary full expensing.
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Hi @Sabby1,
One of the eligibility criteria to use temporary full expenses is you needed to of held the eligible asset, which can be second-hand, to be first used or installed ready to use for a taxable purpose between 6 October 2020 and 30 June 2023.
If you haven't already, check out the information on our website where it talks about eligibility for temporary full expensing.
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