Use this form to apply for a higher maximum pooling value when calculating the depreciation of your assets using the pooling value.

If you depreciate your assets using the pooling method there is a statutory pooling value of $2,000 for each asset. However, you can apply for a maximum pooling value higher than this.

We take the following factors into consideration when deciding whether to approve your application:

• whether the assets you wish to include under a higher maximum pooling value are relatively similar in nature
• whether your compliance costs will be reduced by pooling the assets, and
• how often you acquire and dispose of that class of asset.

Fees:
The following fees are payable for this application:

• an initial fee of $50 (payable with the application), and
• a processing fee of $30 per hour (or part-hour) after the first two hours, for work done by Inland Revenue.

All fees are GST-inclusive.

• applicant's full contact details and IRD number
• contact person's details
• date you want the higher maximum pooling value(s) to start applying
• inital application fee of $50 needs to go with this application

Please print sign and post the completed form to Manager, Field Liaison and Communication, Adjudication & Rulings, PO Box 2198, Wellington, along with an initial application fee (cheque) for $50.00.

You may wish to keep a copy of this form for your personal records.