I am deeply confused as to how I claim three depreciating assets. I never claimed their depreciation in previous years, having only just realised I can do so.
In 2021 and 2022 I purchased several pieces of furniture for our home office, which are used a total of 5 days week by my husband and I as we WFH each 3 days a week (sometimes more)
- Book case – $2500
- Built in cupboard - $4,600 (1/3 used for office supplies)
- Office chair – $4,000
The online ATO depreciation guide and tool do not get me any closer to understanding. I want to do the right thing but I do also want to claim what I am legally entitled to.
Any idea of what I can claim and how? Many thanks in advance!