Prepare for the end of financial year by making use of these small business tax concessions:
Instant asset write-off
Business assets purchased before 30 June may be able to be claimed as a full deduction in your 2019 tax return. The asset must have cost less than the threshold that applied when it was first installed and ready for use.
Find out more in the ATO Small Business Newsroom.
Information sourced from: https://www.ato.gov.au/Newsroom/smallbusiness
