$20,000 instant asset write-off extendededit
The Australian Tax Office has confirmed that the write-off threshold for Assets purchased for less than $20,000 has been extended to 30 June 2018.
This write off allows you to immediately deduct the business portion in your tax return. The $20,000 threshold applied from 12 May 2015 and will reduce to $1,000 from 1 July 2018.
You can find out more at https://www.ato.gov.au/Newsroom/smallbusiness/General/Grow-your-business/?sbnewsA20180117
Please remember that you should always receive tax advice for your specific situation from a registered tax agent or BAS agent.