The Federal Government will extend its asset write off scheme for a further year, allowing bulk businesses to invest into new equipment.
It is part of the Australian Government’s plan to provide small
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Bulk businesses able to fully write off new assets
Around 99 per cent of businesses will be able to write off the full value of assets they purchase as part of the Federal Government’s response to COVID-19.
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Instant asset write-off scheme extended
The Federal Government has extended the $150,000 instant asset write-off for another six months to 31 December 2020.
Australian businesses with annual turnover of less than $500 million will be able to
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