$150,000 TAX WRITE-OFF
The Australian Instant Asset Write-Off $150,000 is valid from now until December 31, 2020!
The higher IAWO threshold provides cash flow benefits for businesses that will be able to immediately deduct purchases of eligible assets each costing less than $150,000. The threshold applies on a per asset basis, so eligible businesses can immediately write‑off multiple assets. Now is the perfect time to invest in a machine and expand your business capability and invest in a new machine!