Increasing The Instant Asset Write-off

Discussion in 'Veterinary News' started by Admin, Mar 18, 2020.

By Admin on Mar 18, 2020 at 9:34 AM
  1. Admin

    Admin Administrator Staff Member

    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)—in large part to help businesses withstand and recover from the economic impact of the coronavirus. This applies from 12 March 2020 until 30 June 2020, for new or […]

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Discussion in 'Veterinary News' started by Admin, Mar 18, 2020.

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