06/10/2026
💰 THE $20K QUESTION
So... what can I actually buy for $20K?
With the $20,000 instant asset write-off now permanent for eligible small businesses, it's a question we're expecting to hear a lot more often.
🛠️ Tradie:
Tools. Equipment. Technology.
💻 Consultant:
Computer equipment. Office equipment. Technology.
☕ Café:
Eligible equipment to keep things moving.
But here's the important bit...
A tax deduction doesn't mean something is free.
So before you start wandering around Bunnings looking for $19,999 worth of stuff you don't actually need, stop and think about whether the purchase makes sense for your business.
Then, ideally, talk to your accountant before you buy it. 😉
Because the best tax strategy isn't spending money just to save tax. It's making smart decisions with your money.