Instant Asset Write Off…the clock is ticking
Time-Sensitive Tax Break for Businesses! Key Details: Eligibility: Small businesses with <$10M turnover. Threshold: Deduct the full cost of assets <$20,000 per item. Deadline: Assets must be purchased this financial year and used/installed by 30 June 2025. Multiple Claims: Write off unlimited assets under $20k each. What Qualifies? New or second-hand equipment, machinery, vehicles, software…