DON'T FORGET ABOUT THE INSTANT ASSET WRITE-OFF!
Take advantage of the increased instant asset write-off threshold of $150,000.* The stimulus has expanded access to include businesses with aggregated annual turnover of less than $500 million (up from $50 million).
The write-off offer will run until 31 December 2020, for new or second‑hand assets first used or installed ready for use in this timeframe.
For more information on this, please consult your Financial Advisor and visit business.gov.au.