header
Inspiring Our Youth
To Realise Their Potential
Back to Search Results

Increased Asset Write-Off Threshold

Program Further Information: https://www.ato.gov.au/Business/Depreciation-and-capital-expenses-and-allowances/Simpler-depreciation-for-small-business/Instant-asset-write-off/

The Instant Asset Write-Off provides businesses with an asset write-off of up to $150,000 for assets costing less than the instant asset write-off threshold which are purchased and used in the year that the write-off is claimed.

To be eligible, your business must have an aggregated turnover of less than $500M. The asset must cost less than the instant write-off threshold, and be purchased and used in the year that the write-off is claimed.

Last Updated: 30th of June 2021
Search Grants & Funding
Share This Page With Someone
Stay Informed
Subscribe to one or more of our regular email subscriptions, to be kept up to date on news and funding opportunities for the region
Choose Your Subscription(s)
Contact Us
Phone02 6771 0700
Emailrdani@rdani.org.au
Opening Hours 9.00am to 5.00pm Monday to Friday
(Except Public Holidays)
Address 143 Marsh Street
Armidale NSW 2350
Postal Address PO Box 72
Armidale NSW 2350
Find Us in Google Maps or Apple Maps
© Copyright 2021 Regional Development Australia - Northern Inland
An Australian Government Initiative