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$20,000 Asset Write-off Extended

Updated: Jun 27, 2018


In a move that's given small business owners a breath of relief, the federal government has extended the immediate write-off for assets less than $20,000.


The extension as announced in the budget goes until 30 June 2019. The write-off is available to businesses with an aggregated turnover of less than $10 million.


For more information on what this means for you, contact us at admin@richwood.com.au


#smallbusiness #federalbudget #tax #assetwriteoff #simplifieddepreciation

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