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.
Posted on: 04/12/2019
Welcome to TaxPlus Accountants & Advisors, a modern, innovative and pro-active accounting firm l..... Read more
Posted on: 04/12/2019
The government has recently increased the threshold for the instant asset write-off to $25,000 from ..... Read more