Small Business Write Off

The business instant asset write off deduction has been increased from $20,000 to $30,000 until June 2020. The $30,000 threshold applies from assets purchased from 2 April 2019.

Medium sized businesses up to a turnover of less than $50m are also eligible, in addition to small businesses with an aggregated turnover of less than $10 million as has applied previously.

Please talk to the friendly team at Nuford Wangara for more information or to answer any questions that you may have.

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Nuford Wangara

6 Automotive Drive
Wangara, WA 6065

08 9309 8888

Trading Hours

8:00 AM - 6:00 PM
8:00 AM - 6:00 PM
8:00 AM - 9:00 PM
8:00 AM - 6:00 PM
8:00 AM - 6:00 PM
8:00 AM - 1:00 PM
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- It is the responsibility of the customer to obtain their own tax advice with respect to their eligibility for the write‐off; and

- Any comments we provide are not tax advice and are for general discussion purposes only and as such, cannot be relied upon.