Tags Instant asset write-off

Tag: instant asset write-off

Instant asset write-off expected to stimulate small business growth and investment

The Government’s announcement to increase and extend the instant asset write-off is expected to stimulate small business growth and investment. According to business accounting software...

Let’s Talk: The Federal Budget

In this article, we look at the key take-aways from this year’s Federal Budget for Australia’s small businesses and startups. In addition, readers will...

Cloud accounting advancements have led to more SMEs doing their own tax, says MYOB

An increasing number of small business owners will complete their tax returns themselves this year, according to research undertaken by cloud accounting provider MYOB. The...

Most small businesses owners haven’t taken advantage of the $20k instant asset write-off

The Australian Small Business and Family Enterprise Ombudsman has encouraged small business operators to take advantage of the Government’s instant asset write-off extension. More businesses...

Federal Budget: small business $20k instant asset write-off scheme extended by one year

Businesses with an annual turnover of up to $10 million will benefit from the $20,000 instant asset tax write-off scheme for a further 12 months,...

Confusion continues over instant asset-write off

Clive Palmer has caused a headache for the government on carbon, but his positioning on the mining tax repeal has heightened uncertainty over a key small business tax break.

Your tax return made easier

It’s that time of year again when small business owners are preparing their tax returns and going over their paperwork with a fine tooth...

How the instant asset write-off helps SMBs

Many small businesses are missing out on a key tax perk, with many unaware of the Federal Government’s $6500 instant asset write-off.