The instant asset write-off scheme

The Australian government has recently announced the extension of the enhanced Instant Asset Write-Off scheme in order to further support your business with investment plans and growth for the remainder of the year. As a result, you may qualify to take advantage of an instant tax write-off on the purchase of new Subaru vehicles for business use.

To gain a full understanding of how the Instant Asset Write-off scheme may apply to your business, and the potential taxation implications, you should first talk to your accountant or financial advisor.

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*It is important to note this communication should not be used as tax advice. You should first speak with your accountant to see how this stimulus package applies to your business.

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