The budget proposal to allow assets under $30,000 (excl GST) to be written off immediately has passed both Houses of Parliament and is now in play as of 3rd April 2019 (subject to Royal Assent which should be a given).  This applies to all small-medium sized businesses with a turnover of under $50 million. It … Continue reading Asset Write Off Increased to 30K but Ceasing 30 June 2020