Take Advantage of the Government’s Instant Asset Write Off Scheme!

The $150,000 Instant Asset Write-Off provides businesses with an asset write-off. Assets must cost less than the instant asset write-off threshold and be purchased and used in the year that the write-off is claimed.

What do you get?

An asset write-off of up to $150,000.

Who is this for?

Eligible businesses.

Overview

The $150,000 Instant Asset Write-Off provides businesses with an asset write-off of up to $150,000 for assets costing less than the instant asset write-off threshold which are purchased and used in the year that the write-off is claimed.

Check if you can apply

To be eligible, you must:

• have an aggregated turnover of less than $500 million

Assets must:

• cost less than the instant asset write-off threshold
• be purchased and used in the year the write-off is claimed

Learn More $150,000 Instant Asset Write-Off | business.gov.au