Posts tagged instant tax write-off

$20k instant asset write-off passes Parliament

Legislation increasing the instant asset write-off threshold from $1,000 to $20,000 for the 2024 income year passed Parliament just 5 days prior to the end of the financial year.

TaxationJPR BUSINESS GROUP5 July 2024instant tax write-off, Taxation

What's changing on 1 July

As we approach the end of the financial year, we thought we'd update you on what's changing from 1 July 2020

Financial Accounting, Superannuation, TaxationJPR BUSINESS GROUP1 June 2020end of financial year, new financial year, ATO, instant tax write-off, superannuation