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Instant Asset Writeoff

Small Business Advice – Accelerated Depreciation

Small Business Advice – Accelerated Depreciation

Leave a Comment / Automotive Advocacy, Car Broker, How to Buy a New Car, Instant Asset Writeoff /

Hi, Bob Aldons, The Car Guy and owner of Car Business, reporting on the Federal Governments Accelerated Depreciation program. If you don’t want to read any further, just call me on 0418 748 498. I’m happy to discuss this matter with you directly. In the May 2018 Budget, Treasurer Scomo, Scott Morrison, announced an extension […]

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Instant Asset Write-off for Your Next Car

Leave a Comment / Automotive, Car Finance, Car Finance, Instant Asset Writeoff, Uncategorized /

Since 2015, small business owners, under the Federal Governments Accelerated Depreciation Program have been able to access instant asset write-off of purchases up to $20,000. In the recent budget, the definition of a small business as it relates to this matter has changed. Small businesses with a turnover of up to $10 million (formerly $2

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