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09 Jun 2021 by Astra Street Furniture

INSTANT ASSET WRITE-OFF– IS YOUR COMPANY ELIGIBLE?

The instant asset write-off incentive allows eligible businesses to claim an immediate deduction for the business portion of the cost of an asset in the year it has been first used or installed ready for use.

Instant asset write-off can be used for:

  • Multiple assets as ling as the cost of each individual asset is less than the relevant threshold
  • New and second-hand assets

The eligibility criteria and threshold has changed over time, so visit the government website here to determine if your business meets the appropriate criteria and threshold.

Astra Street Furniture, a brand of the Area Safe Group, offer a range of products that can be purchased and claimed through the instant asset write-off. Take advantage of this and upgrade your warehouse or office facilities at the same time!

Some ideas for your facilities include:

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