Depreciation - Low Value Pool (LVP) on Rental - LodgeIT

Depreciation – Low Value Pool (LVP) on Rental

Created OnOctober 26, 2019
byAndrew Noble
You are here:
← All Topics

 

A deduction for a low-value pool must be included to D6 only. https://www.ato.gov.au/Individuals/Tax-Return/2019/Supplementary-tax-return/Income-questions-13-24/21-Rent-2019/

 

 

Please note that LVP will not show against the rental, it will only show against the LVP field. You can see this in the form instructions.

 

 

Other article:

Low Value Pool (Business Related) ITR