Instant Asset Write Off - changes are now law.
- shayneackling
- May 23, 2019
- 1 min read
Updated: May 24, 2019
The Govt announced changes to the Instant Asset Write Off in their 2019 Federal Budget. Small and medium-sized businesses have the ability to immediately deduct the cost of assets purchased and installed ready for use in their business. The cost of assets has been increased from $25,000 to $30,000.
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