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Maximise your business now with the increased Instant Asset Write-Off

Before life got extra challenging with Covid-19, were you looking to update your office furniture for your business? Or, are you an operator looking to give your venue a refresh before your doors reopen? Or, perhaps you're a developer planning a new display suite? With the government's recent stimulus package, there's never been a better time for small and medium businesses to spend. 

To help you, the government has dramatically increased the Instant Asset Write-Off threshold from $30k to $150k.

This means that eligible businesses* can instantly deduct the cost of newly purchased assets worth up to $150k (per asset).

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Discover our beautiful products on our site to benefit your businesses including: 

• Office chairs 
• Desks
• Workstations
• Reception desks
• Storage cabinets
• Reception sofas & armchairs 
• Dining tables & dining chairs
• Dinnerware & drinkware
• Lighting
• ​Rugs

In addition, our experienced Trade & Commercial team can assist you with sourcing, project planning, design, installation and styling. Plus, you'll enjoy the benefits of trade discounts.

Browse our site and contact our Trade & Commercial team today or simply fill in the Trade Application form

All purchases need to be made and delivered before 31 December 2020.

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* Fact file
• Your company is eligible if your turnover is less than $500m per annum. 
• An asset is eligible for instant deduction if it costs up to $150k.
• Assets must be purchased and delivered between 12 March and 30 June 2020.
• Claim as many assets of $150k or under as you like.
• Instant Asset Write-Off means that your asset cost can be deducted straight off your taxable income.
 
This information is general guidance. Please speak to your Tax Agent, or refer to
the ATO website to see if your business and purchases are eligible.

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