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In the question Activity 6, Guy purchased equipment 123,000, why this amount is AIA 100% can be fully deducted? (accounting period is still 1 year – no pro rate) There is a limit for AIA which is $1,000,000 in 12-month. Why this limit is not applicable here?
AIA is 1million 1,000,000, and here is only 123,000. As he is sole trader so no super deduction.
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