Glossary entry

English term or phrase:

Low cost write off

Greek translation:

διαγραφή ειδών χαμηλού κόστους/με χαμηλό κόστος από το ενεργητικό

Added to glossary by Irene Georgiadis
Jul 3, 2008 22:16
15 yrs ago
English term

Low cost write off

English to Greek Bus/Financial Other
Main Business Schedule, found in the expenses section

Proposed translations

3 hrs
Selected

διαγραφή ειδών χαμηλού κόστους/με χαμηλό κόστος από το ενεργητικό

The Tax Office has issued a practice statement which introduces a "threshold rule" and a "sampling rule" for business taxpayers to write-off low cost depreciable assets such as staplers, etc., as revenue items. Most taxpayers will opt for the $100 write-off.
http://www.pikeskinner.com.au/index.php?type=&id=194
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