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Instant asset write-off tax break boost extended for another six months

Businesses making up to $500 million per year will be allowed to continue writing off newly purchased assets worth up to $150,000 under an extended scheme designed to boost cash flow.

Instant asset write-off tax break boost extended for another six months
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  • Shared by the ABC
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  • June 09, 2020
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  • 1 minute read
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Instant asset write-off tax break boost extended for another six months

In March, the Federal Government massively expanded the scope of the Instant Asset Write-Off scheme in the early stages of the coronavirus economic shock.

Read more at the ABC. 

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