Hi,

i have a quesiton about taxation problem. And my quesiton has already been uploaded.

Thanks

yvette

Deductions for costs retaining to new computer On 12 February 2016, Greg, an employee, purchases a new computer that he uses 40% for work purposes. The invoice shows the following amounts (inclusive of GST). Desktop computer $5,000 Inkjet printer $250 Computer software $1500 Delivery fee $100 Maintenance contract (12 months) $7250 $400 Greg prefers to calculate decline in value using the diminishing value method What deductions can Greg claim for the 2015/16 income year? Show all workings Show sections references for all deductable