The Australian Taxation Office (ATO) has published guidance on claiming temporary full expensing.
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Claim temporary full expensing this tax time
If you're thinking about claiming temporary full expensing (TFE) for your business, it's important to make sure you're across all the requirements.
TFE provides an immediate deduction on the business portion of the cost of eligible depreciating assets, and the cost of improvements to eligible depreciating assets from 6 October 2020 to 30 June …