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ATO Tax Asset Write Off Changes

ATO Tax Asset Write Off Changes

The ATO recent changes from 12 March 2020 have increased the threshold for businesses instant asset write-off now to $150,000 (up from $30,000). Check out the thresholds and eligibility criteria for all business asset purchases on the ATO website here

Published March 30, 2020
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The ATO recent changes from 12 March 2020 have increased the threshold for businesses instant asset write-off now to $150,000 (up from $30,000).

Check out the thresholds and eligibility criteria for all business asset purchases on the ATO website here

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