Business Instant Asset Write-off

Business Instant Asset Write-off

May 30, 2013

“From 1 July 2012 the small business instant asset write-off threshold has been increased from $1,000 to $6,500.”


So what does that mean? Basically small business can spend up to $6,500 per asset i.e. computer systems and claim the entire amount this EOFY instead of claiming depreciation in future years.

For more information please go to the ATO’s website:

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