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What deductions can greg claim for the income year

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Problem - On 12 February 2016, Greg, an employee, purchases a new computer that he uses 40% for work purposes. The invoice shows the following amounts (inclusive of GST).

Desktop computer                                $5,000

Inkjet printer                                       $250

Computer software                               $1500

Delivery fee                                         $100

Maintenance contract (12 months)         $400

                                                          $7250

Greg prefers to calculate decline in value using the diminishing value method

What deductions can Greg claim for the 2015/16 income year?

Reference no: EM131600784

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