$30,000 instant asset write-off

Looking to expand or improve your business and thinking of buying new IT and Software assets?

Businesses with a turnover from $10 million to less than $50 million are now eligible for the instant asset write-off. This applies to assets that cost less than $30,000 and were purchased and first used or installed ready for use from 7.30pm (AEDT) on 2 April 2019 to 30 June 2020.

Businesses may purchase and claim a deduction for each asset that cost less than the $30,000 threshold. For example, in the same financial year a business may purchase a new van worth $22,000 and then purchase a trailer at a cost of $14,000. The business can claim both of these as each of the assets are under the $30,000 threshold.

For assets costing $30,000 or more the general depreciation rules apply.

If your business has a turnover of less than $10 million you can claim a deduction for each asset that cost less than the threshold that applied when the asset was first used or installed ready for use. Different thresholds apply, so make sure you check which threshold applies to each asset.

At Landmark Computers, we specialise in providing the latest and most reliable computer products for Australian Small Businesses. Whether your business needs new laptopsdesktopsserversprintersoffice softwarenas storage, or anything else in between, we have you covered. Tens of thousands of small businesses have trusted us with their IT needs since 1994!

Shop online today, visit any of our Melbourne based stores, or simply give us a call on 1300 133 165.

*Small business owners should seek their own professional & indepedent advice, or check with ATO for rules and eligibility


  • Mitcham Branch
  • 19 Redland Drive,
    Mitcham, VIC 3132 Australia
  • Tel: 03 9899 4424
  • Melbourne CBD Branch
  • 180 Queen Street,
    Melbourne, VIC 3000 Australia
  • Tel: 03 9600 2244
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