3 updates tagged instant asset write off.
The Treasury Laws Amendment (Tax Reform No. 2) Act 2026 received Royal Assent on 26 August 2026, permanently setting the small-business instant asset write-off at $20,000 per asset…
In the 2026-27 Budget (announced 12 May 2026) the Australian Government said it will permanently set the small business instant asset write-off at $20,000 from 1 July 2026. Small b…
In the 2026-27 Budget (announced 12 May 2026), the Government committed to permanently set the instant asset write-off at $20,000 for small businesses with aggregated turnover unde…