Australian Business GrantsFinder
Ongoing

Instant Asset Write-Off

Funding
Up to $20,000
Region
Commonwealth
Apply NowOfficial Source

Overview

Eligible businesses can claim an immediate deduction for the business portion of the cost of an asset in the year the asset is first used or installed ready for use. The scheme allows write-off of up to $20,000 and can be used for multiple assets and both new and second-hand assets.

Eligibility Requirements

Eligibility depends on aggregated turnover, the date the asset was purchased, when it was first used or installed ready for use, and the cost of the asset being less than the $20,000 limit.

Who Can Apply

Sme

Relevant Industries

Economic Development

How to Apply

Applications are submitted through the official government portal. Review the eligibility criteria carefully before applying, and ensure all supporting documents are prepared.

Visit the official application page
Disclaimer: Grant information is sourced from official government websites and updated regularly. Always verify current eligibility and deadlines on the official program page before applying.

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