
Intelligent Phone System
that does the hard work for your business.
The Australian Government has announced a temporary increase to the instant asset write-off threshold to $20,000 until June 30, 2024. Small businesses with a turnover of less than $10 million can now immediately deduct the full cost of eligible assets costing less than $20,000 when they are first used or installed. This threshold applies per asset, so you can write off multiple assets. Plus, new and second-hand assets are eligible.