Depreciation of Vehicles

1. Depreciation Rate Finder by BMT
2. Changes from 12 May 2015 to 30 June 2018
3. Changes from 1 January 2014 to 12 May 2015
4. Motor vehicle tax write-offs from 1 July 2012 to 31 December 2013   
5. Depreciation Rates - Cars, Motorcycles and Scooters
6. Car Depreciation Limit (DCL)   
7. Car Depreciation Limit/GST Input Tax Credits - TD 2006/40 Examples
8. Depreciation - Commercial Vehicles - Statutory Caps
9. Links to expert information on Depreciation of Vehicles

From: 1 July 2012

Small business enterprises (SBE) are eligible to write-off the first $5,000 of any motor vehicle purchased after 1 July 2012.  This measure replaces the Entrepreneur Tax Offset.  The remainder of the purchase price can be transferred into the general small business depreciation pool, which is depreciated at 15% in the first year and 30% in later years.

However if the total cost of an eligible vehicle is less than $6,500 then the whole amount is written off under the general asset provisions.

Refer to the link below for more details.