instant asset write-off

instant asset write-off Archives

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Election 2025: All the tax changes major parties are promising small businesses

Here are the tax changes that major parties have promised you this election.
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Labor’s $20,000 asset write-off pledge criticised by small-business groups

Labor’s promise to extend the $20,000 asset write-off has drawn criticism from small-business advocates for being short-...
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Labor promises to renew $20k instant asset write-off – if reelected

Labor has promised to temporarily renew the $20,000 instant asset write-off if reelected.
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The $20,000 instant asset write-off will be scrapped in the 2025-26 financial year. What now?

The latest Federal Budget came with a nasty surprise: The $20,000 instant asset write-off measure was not renewed for th...
Home office set-up

Instant asset write-off 2024/2025: When will we get confirmation?

A renewal of the $20,000 instant asset write-off for the 2024/2025 financial year has yet to be confirmed, leaving small...
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What small-business tax changes would really help business owners right now?

From scrapping payroll tax to rightsizing the GST system, small-business owners share the tax changes that would really ...
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Small business push for Government action on tax reform and red tape

COSBOA warned of dire consequences for Australians if no decisive action is taken to implement tax reform and red tape r...
Coalition leader Peter Dutton and a group of liberal supporters at a rally.

Dutton targets SMEs with $30k instant asset write-off, industrial reforms

At a recent rally in Mount Waverley, Victoria, Opposition leader Peter Dutton promised to increase the popular small-bus...

The Instant Asset Write-Off returns for 24/25: Here’s how to maximise them for your business

The scheme allows businesses to claim an immediate tax deduction for the full cost of eligible assets up to $20,000 in t...