Temporary Full Expensing – Pre 30 June 2023
Until 30 June 2023, under Temporary Full Expensing, businesses can claim new and second-hand depreciating assets where those assets are used or installed ready for use for a taxable purpose.
From a timing standpoint, this means you will not be eligible for Temporary Full Expensing in this financial year if you merely order or pay for the asset before 1 July 2023 – instead, the asset must be used or installed and ready for use in your business before this date.




