Instant Asset Write Off

Instant Asset Write Off

Threshold Increased to $150,000 †

All small businesses get an immediate tax deduction for any individual assets they buy costing less than $150,000. †

This $150,000 † limit applies to each individual item. Small businesses can apply this $150,000 † rule to as many individual items that they wish.

The instant asset write-off now also includes businesses with a turnover from $10 million to less than $500 million †.

Further information on accelerated depreciation is available on the ATO website.

† Subject to legislation being passed.

Take Advantage of the Instant Asset Write-off and Contact Molnar Hoists today

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Contact Details

MOLNAR (STENHØJ Pty Ltd)

3 Graham Street
Export Park, SA  5950
Australia

+1300 MOLNAR (1300 665 627)

Molnar, part of STENHØJ Group

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