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ATO Publishes New Guidance on How to Claim Temporary Full Expensing — Orbitax

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ATO Publishes New Guidance on How to Claim Temporary Full Expensing

|Approved Changes|Australia
Australia

The Australian Taxation Office (ATO) has published new guidance on how to claim temporary full expensing as part of the broader guidance on Temporary full expensing.

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How to claim temporary full expensing

If your income years end on 30 June, deductions under temporary full expensing are only available in the 2020–21 and 2021–22 income years.

You claim the temporary full expensing deduc…

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