Business Finances
Sharpen Your Numbers – FAQ: What is the Instant Asset Write-off for the 2024 year?
In this video, Ewen confirms the instant asset write-off has reverted to $1,000 per asset. However, there’s draft legislation in progress to raise this to $20,000, with recent proposals suggesting an increase to $30,000. Stay tuned for updates, and we’ll keep you informed as things develop.
If you have any questions for Glenn or Ewen please email them to: admin@sharpac.au
Recent Posts
- Smart Tax Planning for 2024–25 and Beyond: Strategies That Work
- Stay Ahead with Proactive Tax Planning; Book a Tax Planning Conversation With Us Today
- How to Optimise Your Business: Enhance Employee Experience and Nurture Your Team
- Why Every Business Needs a Budget – and How It Helps with Financial Decision-Making