$150,000 Instant Asset Write Off

The Australian Government has recently announced a new economic threshold to help hardworking businesses.

So from now, until 30th June 2020, you can take advantage of a $150,000 instant asset write-off!

100% Instant Asset Write-Off:

  1. Applies to assets with an individual purchase price of less than $150,000 excluding GST (increased from previously $30,000).

  2. Valid for ABN registered businesses with revenue turnover of less than $500 million (increased from $50 million).

  3. 100% tax write-off in the current tax year ending 30th June 2020. Customers must take delivery prior to this date. This incentive expires on 30th June 2020.

  4. No limit on how many assets are c