ATTENTION: ALL SMALL BUSINESS OWNERS. WHAT YOU NEED TO KNOW ABOUT THE NEW INSTANT ASSET WRITE-OFF (IAWO)
FOLLOWING THE RECENT FEDERAL ELECTION AND WIN FOR THE COALITION GOVERNMENT, BUSINESSES CAN LOOK FORWARD TO THE INCREASED INSTANT ASSET WRITE-OFF OF $30,000 EFFECTIVE FROM 2nd APRIL 2019 to 30th JUNE 2019 How can Small Businesses claim this immediate deduction? A Business can claim an immediate deduction for a depreciating asset in an income year. […]
