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Instant asset write-off will be extended for six months to 31 December 2020

06/10/2020

Instant asset write-off will be extended for six months to 31 December 2020

Newsagents who have the money to spend will be able to take advantage of the extension of the instant asset write-off to 31 December 2020 to invest in assets to support their business as the economy reopens and Coronavirus health restrictions continue to be eased. The extension is designed to support businesses sticking with investments they had planned and encouraging them to bring investments forward to support economic growth over the near term.