Depreciation rates revised for new small dwelling buildings and intangible assets, altering allowable written-down value allowances. Amendment revises depreciation schedules by creating Part A: Tangible Assets and adding a building category conferring a specified depreciation allowance for newly acquired small-plinth-area dwelling-unit buildings acquired within a defined acquisition window, effective from the rules' commencement. It also replaces the intangible-assets section with Part B: Intangible Assets and prescribes a specified written-down value allowance for know-how, patents, copyrights, trademarks, licences, franchises and similar business or commercial rights.
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Depreciation rates revised for new small dwelling buildings and intangible assets, altering allowable written-down value allowances.
Amendment revises depreciation schedules by creating Part A: Tangible Assets and adding a building category conferring a specified depreciation allowance for newly acquired small-plinth-area dwelling-unit buildings acquired within a defined acquisition window, effective from the rules' commencement. It also replaces the intangible-assets section with Part B: Intangible Assets and prescribes a specified written-down value allowance for know-how, patents, copyrights, trademarks, licences, franchises and similar business or commercial rights.
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