Tag Archives: write-off

EOFY: How Does Instant Asset Write-Off Work?

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 assets 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: Instant asset write-off: What is it and how it works ATO: Instant asset write-off for eligible businesses Additionally government institutions need to .