21/05/2026
Thinking about upgrading tools, equipment, or vehicles before EOFY? Hereโs a quick refresher on the Instant Asset Write-Off ๐
The Instant Asset Write-Off is now permanent, giving eligible small and medium businesses more time to plan asset purchases with confidence.
What you need to know:
๐ฐ Threshold: Assets under $20,000 (per asset).
๐ข Eligibility: Businesses with turnover under $10 million.
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Timing: Applies to assets first used or installed ready for use by 30 June 2026.
For many businesses, this creates an opportunity to align necessary upgrades with their broader tax and cash flow planning.
Few nuances worth keeping in mind:
โข The write-off applies per asset, not to total spend
โข Treatment can differ depending on whether an asset is purchased outright, financed, or leased
โข Timing matters, particularly around when an asset is considered โready for useโ
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Used well, the Instant Asset Write-Off supports smart investment.
โ Used without planning, it can put pressure on cash flow.
At BHT Partners, we help business owners review asset decisions in context โ tax, cash flow, and business priorities considered together.
๐ฌ If youโre planning upgrades before 30 June, itโs worth reviewing your options early.
