Aspire Financing Pty Ltd’s Post

🚜 Does your business need to buy equipment? 🚜⁣ ⁣ If so, great news! The $20,000 instant asset write-off is in the process of being extended until 30 June 2025.*⁣ ⁣ This means a small business could immediately deduct the full cost of eligible assets valued under $20,000 when they start using them for business purposes between now and 30 June 2025.⁣ ⁣ Better yet, the $20,000 threshold applies on a per asset basis, so small businesses can instantly write off multiple assets. 👍⁣ ⁣ Lawn mowers, coffee machines, IT hardware, office and shop furniture, air conditioners, and forklifts are just some examples of assets you could purchase for your business.⁣ ⁣ Plenty of small businesses are taking advantage of the deadline extension. Several of Australia’s biggest banks report increases of up to 15% for lending for new equipment.⁣ ⁣ If you need help purchasing the asset with business-friendly finance, get in touch today to discuss your options. 👇⁣ ⁣ To find out more, DM us or contact Steph on: ☎️ – 0427 878 951 💻 – steph@aspirefinancing.com.au #aspirefinancing #brokersworkforyou #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #darwin #darwinrealestate #darwinproperty #northernterritory #northernterritoryproperty #northernterritoryreealestate #ntbroker #nt ⁣ * This extension is not officially law yet. But the Bill is before parliament and information is on the ATO website.

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