Q: How does the low-value pool affect items that are part of a set?

digg_url = ‘http://theyounginvestor.com.au/2009/11/12/q-how-does-the-low-value-pool-affect-items-that-are-part-of-a-set/’;
digg_title = ‘Q: How does the low-value pool affect items that are part of a set?’;
digg_bodytext = ‘A: The low-value pool is an effective rule allowing an increased depreciation deduction available to most investment property owners. Any asset in a rental property which costs less than $1000 can be included in the low-value [...]

What is Low Value Pooling?

digg_url = ‘http://theyounginvestor.com.au/2009/11/10/what-is-low-value-pooling/’;
digg_title = ‘What is Low Value Pooling?’;
digg_bodytext = ‘Q: What is low-value pooling?
A: Low-value pooling is a way of depreciating plant items which cost less than $1000 or have an un-deducted cost of less than $1000. The following types of depreciable assets can be allocated to a low-value pool:

Low-cost assets – A low-cost [...]