Depreciation Tools

How to move an Asset from “Motor Vehicle” to “Low Value Pool”
Low Value Pool (LVP) is a method of depreciating plant items at a higher rate in order to maximise deductions. A low-cost asset is a depreciating asset who...
Wed, 3 Nov, 2021 at 12:28 PM
How to move an Asset from “Plant and Equipment” to “General Pool”
If you decide to move to reporting as a Small Business Entity for tax purposes and have assets in regular Prime Cost or Diminishing Value depreciation metho...
Mon, 16 Sep, 2024 at 12:35 PM
CTR Depreciation: Gain Loss for Company Tax Return
This video demonstrates methods for -  Setting a start date. Learn more Configuring a depreciation group (in this example for motor vehicle depreciatio...
Sat, 16 Mar, 2024 at 9:42 PM
CTR Depreciation: Using Immediate Write Off in Company Tax Return
This video demonstrates methods for -  Adding the Immediate Write Off Group Adding the asset to the group Including the immediate write off in...
Sun, 25 Jul, 2021 at 12:02 AM
CTR Depreciation: Using SBE General Pool in Company Tax Return
This video demonstrates methods for -  Setting a start date. Learn more  Adding the General Pool Group Adding the General Pool with a...
Sat, 24 Jul, 2021 at 11:33 PM
CTR Depreciation: Small Business Entities (SBE) Tax Rates, Reconciliation and Simpler Depreciation for Company Tax Return
This video demonstrates methods for -  Setting a start date. Learn more  Adding the General Pool Group Adding the General Pool with an opening balance ...
Wed, 8 Oct, 2025 at 2:32 PM
CTR Depreciation: 5 Year Preliminary Expense Amortization (Section 40-880) in Company Tax Return
This video demonstrates methods for -  Configuring a depreciation group for preliminary cost usage Adding preliminary costs How the accounti...
Sun, 25 Jul, 2021 at 12:47 AM
ITR Depreciation: Rental Property Low Value Pool (Deduction>D6)
Low Value Pool (LVP) is a method of depreciating plant items at a higher rate in order to maximise deductions. A low-cost asset is a depreciating asset who...
Tue, 17 Sep, 2024 at 11:50 AM
ITR Depreciation: Work Related Motor Vehicle Logbook Method
For Individual Tax Return, you have 2 options for Depreciation: A. Manual Impute B. Pull/Migrate Depreciation A. Manual Impute Add directly to...
Thu, 27 Mar, 2025 at 7:19 AM
ITR Depreciation: Rental Property - Capital Allowance
To get it into a rental worksheet on the tax form the user has to link it under Capital Allowances section. Need a Depreciation Report for a Rental Propert...
Thu, 1 Aug, 2024 at 1:25 PM