Depreciation for Eligible Businesses Archives

June 11, 2020

Instant Asset Write Off Changes for Eligible Businesses

gwa-authorAsset Protection, General, Small Business, Taxation Depreciation for Eligible Businesses, Instant Asset Write Off

There have been some significant changes to the Instant asset write off thresholds from the 12 March 2020. What is an Instant Asset Write Off? An Instant asset write-off is the ability for eligible businesses to claim an immediate deduction for the business portion of the cost of an asset in the year the asset […]