SMEs Get Instant Asset Write-Off Extension, but EOFY Deadline Looms
Great news for small business owners: the federal government has extended the $150,000 instant asset write-off to 31 December 2020, but you’ll need to act asap if you want to make use of the scheme this financial year. A few months back, just as coronavirus was...
You Might Be Closer to Your First Home Deposit Than You Think
You’ve probably heard the federal government is giving $25,000 grants to eligible Australians looking to build or substantially renovate their homes. Today we’ll look at what that means for first home buyers when combined with state and territory schemes. If you’ve...
How the Instant Asset Write-Off Applies to Vehicles
Got your eye on a shiny new vehicle for your business thanks to the $150,000 instant asset write-off? We’ve got the answers to the FAQs many business owners are asking ahead of the looming EOFY deadline. Need a new van for that delivery service your business has...
SMEs to Get Full Asset Write-Off Extension and Fairer Go with ATO
You might have heard that the federal government will give eligible Australians $25,000 to build or substantially renovate homes as part of the new HomeBuilder scheme. Today we’ll look at who exactly can qualify for the initiative. The $680 million program, which is...