You can generally pool your assets to make depreciation calculations easier. You can find more information about the recent changes to small business concessions here. New legislation applies from 1 January 2014 that reduces the instant asset write-off threshold to $1,000 and removes the special depreciation rules for motor vehicles.
Source: Australian Taxation Office – Business News


Christopher Emmanuel
Christopher Emmanuel

Christopher Emmanuel is not your usual accountant. He is a fully trained, qualified and practicing Accountant, members of Institute of Public Accountant; completing his Masters of Business Administration majoring in Professional Accounting in 2003 and working in the industry prior to this and ever since. But to confine his work to accounting alone seriously misses some fascinating areas of expertise he revels in whilst helping his clients. A few things, in particular, make Christopher an accountant with a massive difference. For one, he has an irrepressible passion for new information technologies. He is constantly learning and embracing the latest cutting-edge trends in IT. This is a huge bonus for Christopher’s accounting clients, as he consults on how to integrate the latest technology trends in their business. His expertise helps streamline their current practices, this improves the efficiency and security of their account keeping and operating systems and increases productivity and profits. Christopher continuously learns new strategies to help clients improve their business and update himself with the rules and regulation to make sure his clients’ never missed important updates so they are always complying with the latest rules and regulations. Christopher also brings to his work a passion for teaching and inspiring people to take control of their destiny. He knows entrepreneurship isn’t for everyone, but also sees it as the most powerful tool we have to shape our future and fulfill our dreams. His intricate knowledge of finance in business means he can immediately see his clients inside figure and give them realistic financial goals to achieve, whilst maximizing their bottom line. Engaging his accounting and entrepreneurial skills; Christopher coaches his clients to take control of their financial destiny. In doing this, he is helping his client to create financial stability and freedom.