The Australian Taxation Office (ATO) has issued a release to explain eligibility for the AUD 20,000 instant asset write-off for the 2025–26 income year.
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$20,000 instant asset write-off for 2025–26
Find out if your business is eligible for the $20,000 instant asset write-off for the 2025–26 income year.
Have you purchased, upgraded or are you purchasing an asset?
If your business has an aggregated annual turnover of less than $10 million, you may be able to use the instant asset wr…