$20,000 Small Business Instant Asset Tax Write-Off.

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Small businesses will be able to immediately deduct the full cost of eligible assets costing less than $20,000 that are first used or installed ready for use between 1 July 2025 and 30 June 2026.

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On 4th April 2025, the Labor Government announced it will continue to improve cash flow and reduce compliance costs for small businesses by extending the $20,000 instant asset write-off by a further 12 months until 30 June 2026.

​This has not yet passed legislation and is not available on the ATO website at this stage.

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Please see the link below for more information. You might need to talk to your Accountant and ask them if the purchase of a ReproScan Package will be able to used as an instant tax write off.

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https://alp.org.au/news/more-tax-relief-for-small-businesses-under-labor/