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In response to the COVID-19 crisis, the Australian Government have increased the Instant Asset Tax Write-off to $150,000. Is your business eligible to benefit? Talk to us today!

The Instant Asset Write-Off

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In March 2020 the Australian Government increased the Instant Asset Write-Off (IAWO) threshold to help small & medium business owners weather the COVID-19 crisis.

The threshold has now been raised from $30,000 to $150,000 providing cash flow benefits for businesses that will be able to immediately deduct purchases of eligible assets each costing less than $150,000.

The threshold applies on a per asset basis, so eligible businesses can immediately write‑off multiple assets. The IAWO is due to revert to $1,000 for small businesses (turnover less than $10 million) from 1 July 2020.

In your business eligible to benefit? Find out by speaking one of our experienced team members today!

Eligiblity:

Eligibility

Are you eligible to take advantage?

Well the good news is that the Australian Government is expanding access so that more businesses can take advantage of the Instant Asset Write-off.

To qualify the annual turnover threshold for businesses is now increasing from $50 million to $500 million. Expanding the threshold will mean an additional 5,300 businesses who employ around 1.9 million Australians will be able to access the Instant Asset Write-off for the first time.

Timing:

Timing

Are you eligible to take advantage?

Well the good news is that the Australian Government is expanding access so that more businesses can take advantage of the Instant Asset Write-off.

To qualify the annual turnover threshold for businesses is now increasing from $50 million to $500 million. Expanding the threshold will mean an additional 5,300 businesses who employ around 1.9 million Australians will be able to access the Instant Asset Write-off for the first time.

Eligible Inventory:

2019  Hyundai I30 Go Hatchback (Polar White) New Car Thumbnail

2019 Hyundai I30 Go

Type
New Vehicle
Transmission
Sports Automatic
Kilometres
11
VIN
KMHH351EMLU136180
Stock #
Y136180

Please Call

2015  Renault Megane Gt-line Edc Hatchback (Red) Used Car Thumbnail

2015 Renault Megane Gt-line Edc

Type
Used Vehicle
Transmission
Sports Automatic Dual Clutch
Kilometres
49,744
VIN
VF1BZ3603F0712325
Stock #
U175801

$13,500

Drive Away

2019  Hyundai Elantra Sedan (Fiery Red) Demo Car Thumbnail

2019 Hyundai Elantra

Type
Demo
Kilometres
15
VIN
KMHD041BVLU042461
Stock #
Y042461

$25,740

Drive Away

2014  Hyundai Iload Crew Cab Van (White) Used Car Thumbnail

2014 Hyundai Iload Crew Cab

Type
Used Vehicle
Transmission
Automatic
Kilometres
96,031
VIN
KMFWBX7KMFU707913
Stock #
U177131

$24,490

Drive Away

2016  Hyundai Imax Wagon (White) Used Car Thumbnail

2016 Hyundai Imax

Type
Used Vehicle
Transmission
Automatic
Kilometres
102,986
VIN
KMHWH81KMGU814006
Stock #
U177003

$23,990

Drive Away

2019  Hyundai Kona Wagon (Ceramic Blue) New Car Thumbnail

2019 Hyundai Kona

Type
New Vehicle
Kilometres
11
VIN
KMHK3815WLU508904
Stock #
Y508904

$35,000

Drive Away

2014  Hyundai I30 Active Hatchback (Blue) Used Car Thumbnail

2014 Hyundai I30 Active

Type
Used Vehicle
Transmission
Sports Automatic
Kilometres
60,011
VIN
KMHD251EMEU213274
Stock #
U175807

$14,490

Drive Away

2019  Hyundai I30 Go Hatchback (Polar White) New Car Thumbnail

2019 Hyundai I30 Go

Type
New Vehicle
Transmission
Sports Automatic
Kilometres
14
VIN
KMHH351EMLU136064
Stock #
Y136064

Please Call

2016  Isuzu Mu-x Ls-m Rev-tronic 4x2 Wagon (White) Used Car Thumbnail

2016 Isuzu Mu-x Ls-m Rev-tronic 4x2

Type
Used Vehicle
Transmission
Sports Automatic
Kilometres
161,995
VIN
MPAUCR85GGT004070
Stock #
U176048

$23,500

Drive Away

2012  Hyundai Ix35 Elite Awd Wagon (White) Used Car Thumbnail

2012 Hyundai Ix35 Elite Awd

Type
Used Vehicle
Transmission
Sports Automatic
Kilometres
84,181
VIN
KMHJU81VSCU458039
Stock #
U177153

$14,990

Drive Away

2015  Hyundai I30 Active Hatchback (White) Used Car Thumbnail

2015 Hyundai I30 Active

Type
Used Vehicle
Transmission
Sports Automatic
Kilometres
78,405
VIN
KMHD251EMGU320235
Stock #
U177155

$14,990

Drive Away

2019  Hyundai Kona Active D-ct Awd Wagon (Chalk White) New Car Thumbnail

2019 Hyundai Kona Active D-ct Awd

Type
New Vehicle
Transmission
Sports Automatic Dual Clutch
Kilometres
12
VIN
KMHK2815WLU532019
Stock #
Y532019

$28,990

Drive Away


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Zupps Browns Plains Hyundai

Fleet

1 Corporate Place
Hillcrest, QLD 4118

Phone
07 3484 1708

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Department Trading Hours

Monday
8:00 AM - 6:00 PM
Tuesday
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Wednesday
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Thursday
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Friday
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