Instant Asset Write-Off: What Small Businesses Can Claim in 2026
With the end of the financial year approaching, now is the time to think about whether you can use the instant asset write-off to reduce your tax bill. This scheme lets eligible Australian small businesses deduct the full cost of an asset immediately – rather than depreciating it over several years. If you’ve been putting off buying that new laptop, piece of equipment, or work vehicle, understanding the instant asset write-off could save you thousands before June 30.
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