COVID-19 Government Support – Increase to the Instant Asset Write-Off.

This notice details the Federal Government announcement on 12 March regarding the increase to the Instant Asset Write-Off (IAWO). This came into immediate effect as of the announcement.

The packages are aimed at boosting the economy in the immediate short-term. Furthermore, their goal is to assist the recovery from the effects of the coronavirus outbreak in the long-term. Read more to see how this may affect or benefit your business.

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