News you can use: The $20k instant asset write-off

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News you can use: The $20k instant asset write-off

With the end of financial year approaching, there is still time to take advantage of the government’s $20k instant asset tax write-off. Businesses with a turnover of $10 million or less are eligible to deduct assets costing up to $20k each.

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Cec Busby
Cec is the managing editor of KBB. She is a multimedia professional with 20 years experience as an editor on titles as diverse as SX, CULT, Better Pictures, Total Rock, MTV, fasterlouder, mynikonlife and Fantastic Living. She has extensive experience working as a news journalist covering all the issues that matter in the political, health and LGBTIQ arena. She is the Head of Content at Pinstripe Media and a recent convert to the world of small business.

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