Certified Practicing Accountant
Regi. Tax agent & Regi. ASIC Agent
jason@taxcodeaccounting.com.au
 
Su Mo Tu We Th Fr Sa
   1234
567891011
12131415161718
19202122232425
2627282930  

2014-15: Instant write-off of assets under $20,000

The small business instant asset write-off threshold has been introduced to $20,000swiss replica watches This means, small businesses can write-off assets for business up to $20,000 and no need to depreciate further. Profit for the year will be reduced by the value of the asset strait away if it is under $20,000.