CLAIM YOUR INSTANT ASSET TAX WRITE-OFF TODAY

Ends 31st of December 2020

๐Ÿ“ฃ The instant asset write-off threshold has been increased from $30,000 to $150,000 and expanded access to include businesses with aggregated annual turnover of less than $500 million (up from $50 million). This applies from 12 March 2020 until 31 December 2020, for new or secondโ€‘hand assets first used or installed ready for use in this timeframe.

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โœ… The higher Instant Asset Write-Off (IAWO) threshold provides cash flow benefits for businesses that will be able to immediately deduct purchases of eligible assets each costing less than $150,000. The threshold applies on a per asset basis, so eligible businesses can immediately writeโ€‘off multiple assets.

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๐—–๐—ต๐—ฒ๐—ฐ๐—ธ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—˜๐—น๐—ถ๐—ด๐—ถ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜† ๐—ฎ๐—ป๐—ฑ ๐—›๐—ผ๐˜„ ๐˜๐—ผ ๐—”๐—ฝ๐—ฝ๐—น๐˜†:
https://www.business.gov.au/โ€ฆ/coronโ€ฆ/instant-asset-write-off

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Titanium Trailers | Your Local Trailer Experts


Phone: 07 4410 9797
Web: www.titaniumtrailers.com.au

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