MACHINERY

Tax write off extended

THE Morrison Government has extended the $150,000 instant asset write-off for six months to 31 December 2020.

Mark Saunders
 The Government's $150k instant tax write off scheme has boosted business. Picture Mark Saunders.

The Government's $150k instant tax write off scheme has boosted business. Picture Mark Saunders.

Federal Treasurer Josh Frydenberg announced the extension yesterday, noting Australian businesses with an annual turnover of less than $500 million will be able to take advantage of the extension to invest...

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