Glossary entry (derived from question below)
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
(Greek)
2 | διαγραφή ειδών χαμηλού κόστους/με χαμηλό κόστος από το ενεργητικό | Sokratis VAVILIS |
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
http://www.pikeskinner.com.au/index.php?type=&id=194
4 KudoZ points awarded for this answer.
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