Generally speaking, yes. If your laptop is used for your small business, it is a tax deduction. However, the cost of the laptop will determine whether it can be claimed as a tax deduction immediately, or whether it must be depreciated (claimed over a number of years).
These rules apply not just to laptops, but to most other assets/equipment purchased for your small business.
If you have a small business (small business entity) which is an individual, partnership, trust or company with aggregated turnover of less than $2 million, than you can use the simplified depreciation rules.
It’s important to bear these rules in mind when making purchases of equipment and other assets for your small business.
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