Business demand for equipment has hit record numbers

What’s that ‘temporary full expensing’ thing you mentioned?

Temporary full expensing is more or less an expanded version of the federal government’s popular instant asset write-off scheme.

It allows businesses, both big and small, to immediately write off any eligible depreciable asset, at any cost, up until 30 June 2022.

This can help improve your business’s cash flow by allowing you to reinvest the funds back into your business sooner.

But it’s important to note that the asset must be installed, or ready for use, by 30 June in order to be eligible for this financial year.

Full details on business and asset eligibility can be found on the ATO’s website.

Want to explore your finance options for a new business asset?

Being able to immediately write off assets is all well and good, but if you don’t have access to the funds to purchase them, the scheme won’t be of much use to you.



So if you’d like help obtaining finance to make the most of temporary full expensing for your business, get in touch with us today.

We can present you with financing options for the scheme that are well suited to your business’s needs now, and into the future.

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