Commonwealth Consolidated Acts Commonwealth Consolidated ActsYou may have to make an adjustment to your taxable income if you stop holding a depreciating asset.
The adjustment is generally based on the difference between the actual value of the asset when you stop holding it and its adjustable value.
40 - 285 Balancing adjustments
40 - 290 Reduction for non - taxable use
40 - 291 Reduction for second - hand assets used in residential property
40 - 292 Adjustments--assets used for both general tax purposes and R&D activities
40 - 293 Adjustments--partnership assets used for both general tax purposes and R&D activities
40 - 295 Meaning of balancing adjustment event
40 - 300 Meaning of termination value
40 - 305 Amount you are taken to have received under a balancing adjustment event
40 - 310 Apportionment of termination value
40 - 320 Car to which section 40 - 225 applies
40 - 325 Adjustment: car limit
40 - 335 Deduction for in - house software where you will never use it
40 - 340 Roll - over relief
40 - 345 What the roll - over relief is
40 - 350 Additional consequences
40 - 360 Notice to allow transferee to work out how this Division applies
40 - 362 Roll - over relief for holders of vessels covered by certificates under the Shipping Reform (Tax Incentives) Act 2012
40 - 363 Roll - over relief for interest realignment arrangements
40 - 364 Interest realignment adjustments
40 - 365 Involuntary disposals
40 - 370 Balancing adjustments where there has been use of different
car expense methods