Item P11 - Temporary full expensing 2023

See Temporary Full Expensing on the ATO website.

Label C - Are you making a choice to opt out of temporary full expensing for some or all of your eligible assets?

Select

  • A - Some eligible assets

  • B - All eligible assets.


Label D - Number of assets you are opting out for

 Read the ATO instructions to help with completing the label.


Label E - Value of assets you are opting out for

  Read the ATO instructions to help with completing the label.


Label F - Temporary full expensing deductions

  Read the ATO instructions to help with completing the label.


Label G - Number of assets you are claiming for

  Read the ATO instructions to help with completing the label.