Instant Asset Write-off Extended
Good news – the government has extended the $150K instant asset write-off until 31 December 2020!
Remembering that the asset must be acquired and installed ready for use by 31 December 2020, for businesses with turnover less than $50m.
Don’t forget that we have just a few weeks remaining to undertake tax planning for you and/or your business for the 2020 financial year, to ensure you’re in the best position you can be and with all your ducks lined up and ready to go!