I did not have this kind of experience. Anyone did this before???
It cost 280K included GST.
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what kind of client? bought the aircraft for what purpose?
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Good question
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It is on a farm?
It is treated the same as other depreciating assets. GST claimed. Cost depreciated.
Unless it is for private use.
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Spot on. The approaches usually are
1) is it deductible under general rule s8-1 or any other special rule
2) if not, is it depreciatable as a depreciating asset?
3) is it CGT asset cost base?
4) if not, can it be s40-880. Claim over 5 years?
In addition, what is GST implication if it is purchased under operating lease, finance lease or hire n purchase?
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看来不是什么好飞机啊
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280K的飞机 应该至少能乘6人.
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