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Instant Asset Write-Off

What’s changing on 1 July?

What’s changing on 1 July?

by | Jun 17, 2020

There are quite a few changes in the wind that small businesses need to know about from July 1st to stay on the right side of the tax man. Small changes around company taxation, business deductions and superannuation can have a big impact on the way you run your...

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Instant Asset Write-Off Extended to $30,000

Instant Asset Write-Off Extended to $30,000

by | Apr 24, 2019

From 2 April 2019 (Budget night), the Government has increased and expanded access to the instant asset write-off by increasing the instant asset write-off threshold from $25,000 to $30,000. The threshold applies on a per asset basis, so eligible businesses can...

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