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Re: Instand asset write off - buying truck

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Newbie

Views 54

Replies 1

Looking to buy a truck costing more than $150k which is above threshold. But the truck comprises vehicle and body which is the container/trailer. The invoice separate the price between the two. Can I claim the deduction for the body separately from the vehicle?

1 ACCEPTED SOLUTION

Accepted Solutions
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Best answer

Devotee

Replies 0

No you can't. A truck is useless without the body and visa-versa, so they are one asset.

1 REPLY 1
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Best answer

Devotee

Replies 0

No you can't. A truck is useless without the body and visa-versa, so they are one asset.