Small Business Immediate Tax Deductions

Federal budget changes were announced to designed to stimulate the economy and encourage small business to spend and invest in their businesses. Specifically, the instant asset write off threshold increased to $20,000, allowing business owners to immediately deduct the business use portion of a depreciating asset less than $20,000.
*Please seek advice from your accountant when making business decisions regarding taxSource: ATO Newsroom – click to view article

Are you taking advantage of the Federal Government Initiative?

NOW is the time to invest in

your business & staff!


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