Yep folks - that is right, the instant asset write-off has been extended to 30 June 2023 (FY23) - read the full ATO update here.

Remember there is a limit for cars - read more about the car depreciation limit FY23 here.

Disclaimer: This information is general in nature. So, before acting on this or any other information, it is important to seek professional advice related directly to you and your circumstances.  Should you require our assistance, contact your Primarius Team leader, or email us at info@primarius.net.au