EOFY Asset Write Off As we steadily approach the end of the financial year it's an excellent time to think about taking advantage of the ATO's asset write off scheme. Essentially any asets purchased can be written off, meaning you don't pay company tax on them. That's potentially a big saving! Read more about it here: https://www.myob.com/au/blog/claiming-instant-asset-write-off-eofy-2021/ Additionally government institutions need to make sure their budgets are used up prior to the end of the financial year. .
