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🔹 Smart Tax Moves Before Year-End! 🔹

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As the financial year wraps up, now’s a great time to think about low-value assets—items costing under $1,000 that can be fully tax-deductible in the year of purchase.

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📌 Why does this matter?

Unlike big-ticket assets (like vehicles) that get depreciated over time, low-value assets go straight to your profit and loss statement—giving you an immediate tax deduction!

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💡 What qualifies?

✔ Office Stationery

✔ Tools & Small Machinery

✔ Business essentials under $1,000 (excl. GST for GST-registered businesses)

✔ Repairs – if something needs fixing, getting it done before 31 March means you can claim the deduction this year.

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🛑 Before you buy… Ask yourself:

✅ Will this help my business generate income?

✅ Will it improve efficiency or save me time?

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If the answer is yes, it might be worth considering before 31 March! Talk to us today if you are unsure.

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