With the End of Financial year slowly approaching so does the Instant Asset Write-Off for eligible businesses.
Given the current climate, reducing growing operating costs for your business is essential. With NEON you can expect immediate and reliable returns with no upfront cost.
At NEON, we specialise in engineering commercial systems for owned as well as rented premises. With our engineering expertise and proven track record you can trust us to maximise your savings and deliver the greatest value.
As of 12 March 2020 a couple changes were made;
- the threshold amount for each asset was increased to $150,000 from $30,000
- eligibility has been expanded to cover businesses with an aggregated turnover of less than $500 million (up from $50 million).
Visit the ATO here for more information on the Instant Asset Write-Off.