Thread: Work goals
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Old 04-04-2023, 02:11 PM   #41
b0son
FF.Com.Au Hardcore
 
Join Date: Feb 2005
Posts: 4,999
Default Re: Work goals

You can only depreciate shed build costs against income if the shed is used to generate income. In your case, you'll be going out to peoples sites to test tag rather than having them bring all their equipment to you. If the shed is used as a base where you do cable repairs, you can claim a deduction, but if the shed is also storing personal effects, you'd need to work out a fair % of work usage against personal.
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