Instant Asset Write-Off

Do you operate a small to medium business?

Are you looking to either replace or expand your current vehicle fleet?

If the answer to this is yes then there is great news for you to consider doing this before the end of this financial year.

As a part of the Australian Government's recent financial stimulus package announcements for small to medium business, they have recently raised the Instant Asset Write-Off threshold to $150,000 per asset. The recent changes to these rules mean that small and medium businesses can potentially instantly write off the value of the asset rather than depreciate it over many years.

You should always seek your own independent taxation advice taking into account your own specific situation when considering the Instant Asset Write-Off.

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Finance & Insurance Location

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Wayne Phillis KIA

Finance & Insurance

86 Main South Road
Reynella, SA 5161

1300 857 101
08 8387 8444
Finance & Insurance Manager
Warwick Bentley

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