Instant Asset Write-off For Eligible Businesses
Take advantage of the Australian Governments business stimulus package and upgrade your farm, machinery, storage or equine shed to a new Ranbuild shed today.
Under instant asset write-off eligible businesses can:
Instant asset write-off can be used for both new and second-hand assets. Some exclusions and limits apply.
The instant asset write-off eligibility criteria and threshold have changed over time. You need to check your business’s eligibility and apply the correct threshold amount.
Changes from 12 March 2020
From 12 March 2020 until 30 June 2020 the instant asset write-off:
- threshold amount for each asset is $150,000 (up from $30,000)
- eligibility has been expanded to cover businesses with an aggregated turnover of less than $500 million (up from $50 million).
On this page:
- Exclusions and limits
- Work out your deduction
- Later sale or disposal of asset
There’s never been a better time to upgrade to a new Ranbuild shed and take advantage of the business stimulus package. So request a quote or contact your nearest Outdoor Steel Solution dealer today to discuss your new Ranbuild shed.
It’s not just a shed, it’s a Ranbuild.