$20k Instant Asset Write Off

$20k Instant Asset Write Off

Aug 13, 2024 | Instant Asset Write Off

$20k Instant Asset Write Off Has Been Passed In Parliament. Legislation increasing the instant asset write-off threshold from $1,000 to $20,000 for the 2024 income year passed Parliament just 5 days prior to the end of the financial year. Purchases of depreciable...