Name: Te Pari
Price range: $

Please select the relevant tax rate for your business.

25% (25%) 30% (30%)

Select a product category.

$20,000.00

Livestock Equipment under $20,000 +GST

Livestock Handling Equipment can be depreciated at 100% for purchases under $20,000 with the Instant Asset Write-Off.

Racewell S2 Sheep Handler Matarae Station 01

$40,000.00

Livestock Equipment over $20000+GST (less than $10M turn over)

If your Turnover is under $10 million you have the option of pooling fixed assets under simplified depreciation rules which results in a flat 15% depreciation rate in the first year (irrespective of when you buy the asset), followed by 30% for each year after.

$80,000.00

Livestock Equipment over $20000+GST (more than $10M turn over)

Livestock Handling Equipment worth more than $20,000 can be depreciated at 10% using the Diminishing Value method. This example uses 10% depreciation rate however some items may qualify for more than 10% (consult with your accountant for more details).

Enter the purchase price (excluding GST).

$

Enter the date of purchase.

Enter the date your financial year ends.

Depreciation Calculator

01. Your Company

02. The Equipment.

Livestock Equipment under $20,000 +GST

Livestock Equipment over $20000+GST (less than $10M turn over)

Livestock Equipment over $20000+GST (more than $10M turn over)

Instant asset write-off for eligible businesses