Umbrella Property Accountants

Property Insights

COVID-19 $150,000 Instant Asset Write-Off, Tips & Traps

The best tax breaks for small business is the instant asset write-off, a great way for your business to purchase capital assets and get an immediate tax deduction. As part of the COVID-19 Coronavirus Stimulus Package, the instant asset write off threshold has increased from $30,000 to $150,000 (net of

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