Eligible businesses can claim an immediate deduction for the business portion of the cost of an asset in the year the asset is first used or installed ready for use.
Instant asset write-off can be used for:
- Multiple assets if the cost of each individual asset is less than the relevant threshold
- New and second-hand assets.
Click here for more details
EOFY is almost here, if you need work scheduled or IT equipment purchased please let Chill IT know. Please note that IT equipment and PCs are in short supply due to COVID and issues with Microchip supply. Chill IT will need to place orders soon to guarantee availability before EOFY.
If you would like more information, please call Chill IT today on 1300 796 246 or click here to learn more.