Separation, divorce, children and taxes

Money after separation or divorce impacts our decisions we make as women. It impacts our children, lives, lifestyle, our self-esteem and how most importantly we don’t speak about it enough.


The following guide has been written by our Senior Accountant, Rochelle Harrison. The reason why this is so comprehensive and detailed is that we have both been through this situation ourselves. Sucky and crap, but in this case, it has armed Rochelle with the knowledge of how to navigate this experience and how to help other women in similar circumstances.

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Business, money, Start up, Instant Asset Write Off Bronwyn Wandell Business, money, Start up, Instant Asset Write Off Bronwyn Wandell

Instant asset write off thresholds

Using the simplified depreciation rules, assets costing less than the relevant instant asset write-off threshold are written off in the year they are first used, or installed ready-for-use. This threshold applies to each asset irrespective of whether the asset is purchased new or second-hand.

There’s 3 significant dates to get your head around this financial year.

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