ABN Holders Only Offer
ABN Holders under $30,000 offer.
*Eligible business entities with an aggregated annual turnover of less than $50 million in an income year, may have access to immediately deduct depreciating assets that cost less than $30,000. This applies to assets purchased until 30 June 2020, and that are first used in that income year. The deduction is limited to the extent to which the asset is used for a taxable purpose. These terms are for general information only and do not constitute taxation or legal advice. Other requirements under the tax law apply. Seek professional tax and/or legal advice to determine whether you are eligible to claim a deduction for any purchases.