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$30K Instant Asset Write-off for Small-to-Medium Sized Businesses

Good news for small, and now medium-sized businesses, the Australian Government has increased the instant asset write-off amount from $25K to $30k until 30 June 2020. They have also expanded the annual turnover threshold from $10 million to $50 million to include medium-sized businesses. This means more than 22,000 additional businesses will now be able to take advantage of the

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$20k Small Business Instant Asset Write Off

If you are a small business operating in Australia, then this is great news for you. In 2015 the government introduced an accelerated depreciation incentive scheme to benefit small businesses. This $20k small business scheme allows small businesses to instantly write-off assets costing less than $20k. This scheme was due to end on 30th June 2017 but it has now

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