TD 2013/15 – Car depreciation limit for 2013-14 is $57,466 [43]

The ATO on Wed 26.6.2013, released Taxation Determination TD 2013/15 which states that the car limit for the 2013-14 financial year is $57,466. The car limit is used to work out decline in value deductions of certain cars under the income tax law.

[LTN 121, 26/6/13]