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SMEs not utilising $20k write-off, survey shows

Over three-quarters of small business owners do not fully understand the $20,000 instant asset write-off, with up to 67 per cent not taking advantage of the measure, according to a new survey.

SMEs not utilising $20k write-off, survey shows
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  • Shared by AccountantsDaily
  • May 29, 2017
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A national survey, jointly conducted by H&R Block and Officeworks, found that only one in 10 SMEs could correctly identify items that can be claimed as an instant write-off.

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