Final months of the ‘increased threshold’ for small business instant asset write-off

The small business instant asset write-off of assets worth $20,000 or less will end on 30 June 2017.

If you are a small business (with aggregated turnover of less than $2 million) and are contemplating buying business plant or equipment, then you should consider doing so before the end of the financial year – which is just around the corner!

Remember that assets need to be bought and installed ready for use on or before 30 June 2017.

Please contact us before making any purchases to check whether or not you will qualify for the immediate deduction.

More small business accounting tips & information

Noosa Small Business Accountants & Financial Planners

Stratogen consists of a team of expert accountants and business advisers dedicated to providing you with the highest quality of taxation, accounting and financial management services.

Additional business services include tax minimisation structuring, business valuations and due diligence, business restructuring and audits.  We also provide professional bankruptcy and insolvency advice to Accountants, Financial and Legal Advisers, Corporations and Individuals. Our primary goal is to ensure all parties are treated with respect.

Our accounting firm’s head office is located at Noosa on the QLD Sunshine Coast.  Our expertise is unparalleled and thus we work with clients residing and working in Noosa, Mount Isa, interstate around Australia and internationally.

Call (07) 5474 0711  Email Us  Make an Enquiry

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