30/04/2026
There's only two months left to get your free $20K from the government!
Just kidding. 😆 Kind of...
Here's what we mean:
✅ The government has extended the $20,000 instant asset write-off until June 30th this year
✅ If you purchase and use/install a "qualifying"" asset in your business you may be eligible for a 100% deduction
✅ In many cases, this means you can spend up to $20K and claim $20K back within this tax year!
A big BUT.
❌ Not all assets qualify (I'm looking at you Dave, do not plan an impromptu trip to the Ford Dealership on June 29th).
❌ It's not always a good idea to spend your cash buffer just to get a write-off, especially in this economy.
For some businesses, this is a goldmine opportunity to take advantage of, for others it's a dangerous distraction.
If you're a client of ours, we can advise the best options for your situation.
Book a call with us well in advance of end of financial year, so we have time to review your numbers together. ☎️
