Use this Checklist as a guide to 2018/19 year end tax planning considerations to be covered in a client meeting, whether over the phone or in person.
Extension and increase of instant asset write-off
The instant asset write-off for small business has been extended and increased during the 2018/19 income year, allowing more businesses access to the write-off.
The following is a table which will show when the changes to the write-off thresholds have come into effect. These changes apply to small businesses with an aggregated turnover under