From the 1st January 2014 the instant asset write-off threshold has been reduced to $1,000 (previously $6,500) and the special rules for motor vehicles no longer apply.
Changes to the Small Business Simplified Depreciation Rules
From the 1st January 2014 the instant asset write-off threshold has been reduced to $1,000 (previously $6,500) and the special rules for motor vehicles no longer apply.