Changes to the Instant Asset Write-Off for End of Financial Year 2020
On March 12th, 2020 big changes to the Instant Asset Write Off were announced. Initially the 2019/20 financial year saw the threshold amount for each asset sitting at $30,000, however for the period between March 12, 2020 – June 30, 2020 that threshold has been lifted to $150,000 for each asset, with eligibility expanded to … Read more