instant asset write off

Treasury Laws Amendment – Extending The Instant Asset Write-Off

By Warren Kruger / July 7, 2020 / 0 Comments

| | | Treasury Laws Amendment (2020 Measures No 3) Bill 2020 has passed both Houses of Parliament and is now law. Extending the Instant Asset Write-Off This legislation amends the income tax law to allow a business with an aggregated turnover for the income year of less than $500 million to immediately deduct the […]

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