Business
NAB data shows what is being bought for instant asset write-offs – NEWS.com.au
NAB data shows what is being bought for instant asset write-offs
Businesses have gone on a spending spree to take advantage of the federal governments extended instant asset write-off scheme, splurging on bakery machines, coffee makers and even helicopters.National Australia Bank figures shows equipment spending at the end of April jumped 24 per cent year-on-year across its business customers as firms sought to take advantage of the tax minimisation scheme.
The Morrison government extended the scheme in last week’s federal budget until 2023 and allows an immediate…
-
General13 hours agoFormer Russian President Dmitry Medvedev issues warning over Ukraine escalation
-
Noosa News18 hours agoWho was the first PM to visit China? Take the Brisbane Times Quiz
-
Business21 hours ago3 ASX 200 shares set to dominate the next decade
-
Business8 hours ago3 of the best ASX shares to buy with $5,000