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Tax deductions for investing in your business
Stimulating investment is high on the Government’s agenda.
To encourage spending, the 2020-21 Budget introduced a measure that allows businesses with turnover under $5bn* to immediately deduct the cost of new depreciable assets and the…

Instant Asset Write Off explained
*UPDATE* (November 2020)
A new article goes over the updates to Instant Asset Write-Off over here.
*UPDATE* (June 2020)
$150K Instant Asset Write-Off has been extended until 30th December 2020.
Read Josh Frydenberg's media release…