BMT Tax Depreciation Quantity Surveyors has put together a series of three tables summarising all the 2020 to 2021 business stimulus incentives available for plant & equipment purchases for small, medium and large businesses.
These include all immediate write offs, the backing business policy, business pools and the very beneficial full expensing policy announced in this year’s federal budget. The tables show qualifying dates and thresholds to make it easy for you to quickly cross check what is available.
Business Incentive Summary – Small business entities