For a limited time, the Australian Government has expanded it’s instant asset write-off offering incentive for small businesses.
To find our if you are eligible for this instant asset write-off – please visit the ATO website here.
- Until June 30, 2020 the instant asset write-off has been increased to $150,000 (up from $30,000) and;
- The eligibility has been expanded to cover businesses with an aggregated turnover of less than $500 million (up from $50 million)