June 18, 2020

Don’t Miss Out: Instant Asset Write-Off Ending Soon

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Don’t Miss Out: Instant Asset Write-Off Ending Soon

On June 30 December 31 the government’s extended instant asset write-off package will end.

It’s been a tough year but this package offers immediate tax relief to businesses in need. If you’re in a position to make the most of it there’s never been a better time to invest in your business. Part of the government’s stimulus response, the instant asset write-off threshold was increased to $150,000 and expanded to include businesses with an aggregated annual turnover of less than $500 million.

These changes mean that even if you didn’t qualify in the past you could be eligible to receive the benefit this year. One way to take advantage is by investing in construction project management software. By doing so you’ll achieve efficiencies across the board that will improve your bottom-line and set you up for a more stable and profitable future.

Tax breaks are few and far between. Take advantage now and get in touch with us on today at 1300 942 399 or Request a Demo to make the most of this valuable time-limited opportunity.

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