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04 Oct 2019 Regarding Member 261’s comment ‘<$30,000 instant write-off’

ATO response: 

Thank you Member 261 for your feedback. 

We have updated QC60084, an article from our Business Bulletins newsletter, to clarify the instant asset write-off threshold and who it applies to based on your feedback.  More detailed information about the various thresholds and timeframes for the instant asset write-off is available at Simpler depreciation for small business.


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