Asset Costing less than $300

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Asset cost $370. Regardless of what percentage you claim for work use you will have to depreciate it. Assets costing $300 or less | Australian Taxation Office (ato.gov.au) (https://www.ato.gov.au/individuals-and-families/income-deductions-offsets-and-records/deductions-you-can-claim/tools-computers-and-items-you-use-for-work/depreciating-assets-you-use-for-work/assets-costing-300-dollars-or-less)

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