Asset Write-off Ends this Financial Year
Small business with an aggregated turnover of less than 2 million (this includes sole traders, partnerships, companies or trusts) have been able to immediately deduct most assets purchased for less than $20,000 since 12/05/2015.
This immediate deduction ends on 30/06/2017.
If your business is considering purchasing a depreciating asset, it would be worthwhile making the purchase before […]