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Thread: "Small" equipment/tools threshold

  1. #1
    just me duncan drennan's Avatar
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    "Small" equipment/tools threshold

    What is the current threshold for considering a capital purchase a small tool (i.e. can be fully written off as an expense rather than depreciated)? I see on the wiki it is noted as R7k - is that still the threshold?
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  2. #2
    Site Caretaker Dave A's Avatar
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    Duncan, I've double checked and the practice note I relied on is still the one currently in play.
    So yes - it's still R7000.

  3. Thank given for this post:

    AndyD (06-Feb-14), Christel (07-Feb-14), duncan drennan (09-Feb-14)

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