Never has there been a better time to invest in Assets for your business! Get the facts on how it works:
For new or used assets first used or installed ready for use from 12 March until 30 June 2020, the instant asset write-off threshold will be increased from $30,000 to $150,000 for businesses with aggregated annual turnover of less than $500 million (up from the current $50 million threshold). The threshold applies on a per asset basis, so eligible businesses can immediately write-off multiple assets.
For more information, including the Depreciation write off on Assets of ANY VALUE.