SMALL BUSINESS 100% ASSET WRITE-OFF

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Any small business (a gross revenue of less than $10m) can claim a 100% deduction in the year a business asset was purchased. The cost of the business asset must be less than $20,000.

This tax concession was recently extended from 30 June 2018 to 30 June 2019.

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In this edition

A MESSAGE FOR ALL EMPLOYERS – ARE YOU READY FOR SINGLE TOUCH PAYROLL?

SUPERANNUATION

BUILDING WRITE-OFF ALLOWANCES

SMALL BUSINESS 100% ASSET WRITE-OFF

ATO CRACKDOWN ON WORK-RELATED EXPENSES

UPCOMING TAX DATES

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