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How to write off a low value pool

Updated over 3 weeks ago

A low-value pool cannot be Written off. It will be depreciated for the life of its value. If a low-value pooled asset is disposed of, you will still complete the individual assets disposal details within the Depreciation Worksheet. Adding disposal details will automatically adjust the Pool Closing Balance.
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Please refer to the ATO website for more information: Low-Value assets

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