A majority of Australian SMOs are unaware of changes to instant asset write-off: Officeworks report

By Yajush Gupta · 7 June 2021 · News

A majority of Australian SMOs are unaware of changes to instant asset write-off: Officeworks report

Australian SMOs left in the dark on key tax break

A staggering number of small business owners are missing out on a crucial tax advantage. Find out which group is most at risk and why it matters for your business.

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Summary

A new study by Officeworks revealed that almost half of the Australian small business owners (49%) are unaware of the increase in the threshold for instant asset write-off.

Tags: Small Business, small business tax, Sme, Tax