Tax Deduction

If your business turns over less than $10 million annually and uses simplified depreciation, you can immediately deduct the business portion of eligible assets costing under $20,000.

Do you qualify for the instant asset write-off?

Brett 06/06/2025

Good news from the ATO for the 2024–25 income year! The $20,000 instant asset write-off is available. If your business turns over less than $10