Small Business Instant Tax Write Off Increased to $25,000

The government has recently increased the threshold for the instant asset write-off to $25,000 from $20,000. Under the changes, small businesses may immediately claim tax deductions on assets costing less than $25,000, with no limit on the number of assets to be claimed until 30 June 2020.

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Looking for an accountant who cares about your business success?

Looking for an accountant who cares about your business success?

Welcome to TaxPlus Accountants & Advisors, a modern, innovative and pro-active accounting firm l..... Read more

Small Business Instant Tax Write Off Increased to $25,000

Small Business Instant Tax Write Off Increased to $25,000

The government has recently increased the threshold for the instant asset write-off to $25,000 from ..... Read more