CTP and Stampduty for Small Business $20,000 instant asset write-off

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Hi, the post quoted by YellowPotato above has the ATO answers covering this - Car Base Price - Car cost - Dealer Delivery Fee - Car Cost - Registration fees - MV Running Expenses - Vehicle Tax - MV Running expense - part of annual Reg. in NSW - Number plate fee - MV Running Expenses (unless unique pesonalised plates which are likely to appreciate in value then CGT Asset) - Stamp duty - Car Cost - CTP Insurance - MV Running expenses It is also very important to highlight, that only business use portion of GST included in the car purchase price can reduce the cost. So if a $21,998.90 (GST Inc) car is used only 50% for business, the cost for IWO will be $20,998.95 and therefore >$20K This is covered here. (https://www.ato.gov.au/businesses-and-organisations/income-deductions-and-concessions/depreciation-and-capital-expenses-and-allowances/simpler-depreciation-for-small-business/instant-asset-write-off#:~:text=If%20your%20business%20is%20registered%20for%20GST%20and%20can%20claim%20the%20full%20GST%20credit%2C%20you%20exclude%20the%20GST%20amount%20you%20paid%20on%20the%20asset%20when%20calculating%20car%20depreciation%20amounts.%20If%20you%20are%20only%20able%20to%20claim%20a%20portion%20of%20the%20GST%20credit%2C%20then%20the%20cost%20is%20reduced%20by%20the%20portion%20you%20can%20claim.)

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