Mercedes-Benz

Instant Asset Write-off

The instant asset write-off threshold has been increased from $30,000 to $150,000 and expanded access to include businesses with aggregated annual turnover of less than $500 million (up from $50 million).

This applies from 12 March 2020 until 30 June 2020, for new or second hand assets first used or installed ready for use in this timeframe. Full information at http://bit.ly/2w9KqMo