Update: Instant Asset Write Off – Budget 2020-21
Update: Instant Asset Write Off – Budget 2020-21. MB+M Director, Anna McIntosh, discusses the changes in the treatment of assets resulting from the Government 2020-21 Budget.
These changes provide fantastic opportunities for businesses to bring forward the purchase of assets and gain significant tax benefits whilst doing so.
Instant Asset Write Offs – Areas Covered:
- Assets Purchases
- Revenue Limits
- Second Hand Assets
- Capital Works.
- How it works in relation to asset purchases
- Impact on General Pool Balance
- Plus More…..
These changes could have a significant impact on your business. So watch the video as Anna walks you through the changes for “Instant Asset Write Off – Budget 20-21” and what it means for you.
…………………………………Anna McIntosh, MB+M Director – Update: Instant Asset Write Off – Budget 2020-21
If you have questions about how changes to Instant Asset Write offs affects you, please call MB+M and speak to Anna McIntosh, or one of our other expert Business Advisors. Call us – 03 5821 9177.
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