Instant Asset Write-Off becomes permanent feature ending years of year-to-year changes

By Yajush Gupta · 11 May 2026 · News

Instant Asset Write-Off becomes permanent feature ending years of year-to-year changes

Instant Asset Write-Off gets a permanent boost

Businesses rejoice as the $20,000 asset write-off becomes a permanent fixture, cutting red tape and boosting confidence. But what does this mean for your bottom line?

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Summary

Tax leader Susan Franks explains how making the $20,000 asset write-off permanent cuts red tape and supports business confidence after years of changing thresholds.

Tags: instant asset write-off