Instant Asset Write-off Calculator

The 2020 year has brought new changes regarding the thresholds and eligibility to obtain an immediate write off of your business use assets. 


Use this calculator to see if your new asset purchase is eligible for the instant asset write off or full expensing measures as announced in the 2020 Federal budget.  This threshold applies to each new asset and for businesses with an aggregated turnover of less than $50m, second-hand assets.

For further guidance on second hand assets please contact us. 


*Disclaimer: This calculator should be used as a guide only. 

Please also note, the immediate asset write off available on a car (a passenger vehicle designed to carry a load of less than one tonne or fewer than nine passengers) is limited to the car limit of $57,581. Please contact us for more information. 

For certainty regarding your eligibility, speak to your advisor or contact Davidsons at info@davidsons.com.au

Contact us for more information. Visit us at www.davidsons.com.au

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Last updated 09/11/20