Government Asset Threshold Incentive
Instant Asset Write Off For Business
GOVERNMENT ASSET THRESHOLD INCENTIVE
Take advantage of the new Federal Government business tax break incentives for business announced on the 12th March 2020
Instant asset write off (IAWO) has been increased from $30,000-00 to $150,000-00
Full details can be found here.... https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet-Support_for_business_investment.pdf
Talk to your accountant today and then contact us or call 02 9755 3343 to take advantage of these new incentives to increase your business productivity and warehousing capabilities.