What Type of Assets are Eligible for Instant Asset Write Off?

The government’s scheme passed in 2015/16 that allowed instant asset write off for small business owners was a smash hit among businessmen and women across the country. The program originally allowed asset write-offs up to a threshold of $20,000 for businesses that turn over less than $50 million annually. These numbers have shifted impressively for … Continue reading What Type of Assets are Eligible for Instant Asset Write Off?