Certified Practicing Accountant
Regi. Tax agent & Regi. ASIC Agent
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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.