This is in beta. If you find something wrong, let us know

Taxation and revenue collection

Assets Depreciating Assets Second Element Of Cost Allocated To Low Value Pool Total Amount

Status: Standard

Definition
The total of any amounts included in the second element costs of assets in a taxpayer's low-value pool at the start of the income year, and of low-value assets added to the pool in the income year.
Guidance
Inform the relevant field with the total of any amounts included in the second element of cost of assets in the low-value pool at the start of this income year and of low-value assets added to the pool in this income year. Amounts spent on improving an asset are an example of a second element of cost. Show the second element of cost total before any adjustment for taxable use percentage.
Unique identifier
http://api.gov.au/definition/trc/de3218
Used by
Australian Taxation Office
Type
float
Syntax specifics
xbrl
name : Assets.DepreciatingAssets.SecondElementOfCostAllocatedToLowValuePoolTotal.Amount
period : duration
classification : baf/bafpo/bafpo7.02.02
API url
https://api.gov.au/definitions/api/definition/trc/de3218