Blitz Tax Help (aka accountants working for free)

nah car limit has been about 59-68k the last 4 years.

all other assets though was a free for all.

edit. utes are also in the free for all boat

yeah you’re right

Beginning in 2020 in an effort to combat falling spending habits during Covid, the government allowed businesses with turnovers up to $500 million to instantly write off assets valued up to $150,000 until June 30 2023. This applied to both new and used vehicles – everything from single-cab utes to prime movers.