Government Changes to Instant Asset Write-Off for 2022 & 2023 Financial Years

There have been a few changes made by the government in regards to Instant Asset Write Off for the 2022 and 2023 financial years. This is because there has been an extension made to the Federal Government’s Coronavirus Stimulus Package. It was here that the Instant Asset Write-Off threshold increased from $30,000 to $150,000 (net …

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