Assets < $300

<p><a href="https://www.ato.gov.au/Individuals/Income-and-deductions/In-detail/Capital-allowances--$300-immediate-deduction-tests/" >items costing up to $300 used to earn income other than from a business</a>&#160;(such as employee-provided tools and equipment). Also, low value capital assets bought for a rental property including bed-side tables, bedding, etc.</p>