Instant asset write-off expansion

Insights
June 15, 2020
The Federal Government has heard the call for assistance from business and has announced a further 6 months for the increased instant asset write off.

Act now to get your office Covid-19 safe and get the tax write off too

Exciting news from the Federal Government

Vestra are pleased to share the federal governments announcement from 9 June 2020, that they will be extending the $150,000 instant asset write-off until 31 December 2020.

Considering that many businesses may need to invest in Covid-19 workplace adaptions as we discussed on our recent article; Preparing your office to be COVID-19 safe we think this will be of significant benefit to many organisations.

If you need assistance in getting your office return to work safe, or want to modify your existing workspace to align with the “new business normal”, now is the time to make those changes with tax support.

There are no promises of what the limit will be past the 31st of December, so act now and get in touch to organise a time to discuss the opportunities for your workspace.

How can we help you?

We’re a full-service office fit out company in Sydney with expert planners, designers, project managers and builders. We can help you redesign your office to meet social distancing requirements and conduct any refurbishments, such as supplying you with plexiglass or office partitioning.

Request a project proposal or an obligation-free chat about what you might need in your space.

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