$20,000 Depreciation Write Off

$20,000 Depreciation Write Off

8th May 2017

Businesses with an aggregated turnover under $10m will continue to have access to the $20,000 instant asset write-off for another 12 months. Small business will get an

immediate deduction for assets costing less than $20,000, and installed and ready for use before 30 June 2019.