From 12th March 2020 the Federal Government’s Economic Stimulus Package has increased the immediate write off of eligible assets from $30,000 to $150,000 (new or used) purchased by 31 December 2020 by businesses with a annual turnover of under $500M. From 1 Jan 2021 the rules for instant asset deduction thresholds fall to $1,000 and […]
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The NSW State Government Premier, Gladys Berejikian, announced in March 2020 that the NSW State Government will assist eligible employers through the tough economic slow down caused by COVID-19 pandemic. One of the measures offered to business is that if they employee trainees or apprentices they will be able to claim 50% of their trainee […]
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