News

Ombudsman welcomes extension of instant asset write off

- January 30, 2019 < 1 MIN READ

The Australian Small Business and Family Enterprise Ombudsman (ASBFEO), Kate Carnell, has welcomed the announcement by the government of the extension of the $20k instant asset tax write-off. The instant asset write-off scheme will now be extended to small businesses until 30 June 2020 with an increase to the write off to include assets purchased… Read more »

Finance

Federal Budget: 20k instant asset tax write-off extended

- May 9, 2018 2 MIN READ

Australia’s small businesses may see some relief this financial year with Treasurer Scott Morrison announcing the extension of the $20,000 instant asset write-off in the 2018-19 Federal Budget. The write-off was slated to end this financial year, however, it has now been extended until June 30, 2019. The instant asset write-off allows businesses to claim… Read more »