Can You Claim an Office Fit-Out as an Immediate Deduction?

Quick Answer

Office fit-outs may qualify for immediate deductions under the instant asset write-off provisions, subject to specific criteria. Eligibility depends on the cost of the fit-out and whether it meets the criteria for a depreciating asset under Division 40 of ITAA 1997. Consult your accountant to ensure compliance with current thresholds and conditions.