I've read in a few places that in the 2006 budget speech it was proposed that:
"the threshold below which small assets may be written off in full in the year of acquisition will be increased from R2000 to R5000 on 1 March 2006."
Was this actually passed into law?
I can't find this limit stated on any government websites or on SAICA website.
(I had to buy a generator for my business earlier this year that was just over the R2000 limit)