18/05/2015The instant asset write-off has changed. Now the threshold has been raised to $30,000 and extended to 30 June 2020.
So now is the time to upgrade your old work vehicle and get into a brand new CFMoto with these great business tax time incentives.
Small businesses. You are a small business if you are an individual, partnership, company or trust that does both of the following:
Full details can be found at www.ato.gov.au
Before acting, customers should always seek their own professional advice from a qualified chartered accountant to ensure they are making the correct decision based on their own personal circumstances.