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alculate the 2020 tax depreciation in each of these situations, providing reason and/or workings(s): a) Yendi Zoot purchased a 10-year old residential rental property in

alculate the 2020 tax depreciation in each of these situations, providing reason and/or workings(s): a) Yendi Zoot purchased a 10-year old residential rental property in the year. Included in the purchase price were a washing machine and drier valued at $1,200 (2 marks)

b) Yendi Zoot bought new window blinds costing $5,500 including installation of $500, for a different rental property. Yendi uses the Pooling rules, and the Pool balance at the end of 2019 was $10,000 and all Pool assets have an effective life of 4 years. (3 marks)

c) Yendi Zoot bought a used Triton ute for $20,000 to use in his small business. (2 marks)

4 Income tax law Australian, 2019-2020

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