dots dark

Instant asset write off - What is it?

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.

Now is the time to upgrade your phone systems, printers & copiers and security cameras!

Instant Tax Write Off Banner

What you can claim

Explore how your business can take advantage of the tax return this year.

Phone Systems

VoIP and Office Phone
System Technology

Printers & Copiers

Smart Printing Features
for every Business Solution

Security Systems

HD Digital Video Recorder

Why hundreds of Businesses connect with Nexgen

Local Support

Local Support

You can depend on us to stay connected and understand your needs.


Smart Communications

Delivering customisable and scalable solutions that grow with your business.


Specialist Advice

Get access to industry leading expertise to help you make the right decisions.

Affordable Service

Affordable Service

Powering your business with cost-effective innovations for all your communication needs.

Have additional questions? - We’re always here to help!

Chat with our Consultant