Cash bonanza: 75% of SMEs will claim $20,000 tax write-off

Small businesses can’t wait to use the $20,000 tax write-off for business assets provided in this year’s budget, with 74.5% of those surveyed by SmartCompany saying they planning to claim under the write-off. Who’s going to claim the $20,000 tax write-off The SmartCompany poll of 58 readers revealed 1.8% have already bought something […]

Cara Waters 19 May, 2015

Cash bonanza: 75% of SMEs will claim $20,000 tax write-off

Small businesses can’t wait to use the $20,000 tax write-off for business assets provided in this year’s budget, with 74.5% of those surveyed by SmartCompany saying they planning to claim under the write-off.

Who’s going to claim the $20,000 tax write-off

The SmartCompany poll of 58 readers revealed 1.8% have already bought something to claim, 29% are planning on buying something in the next month to claim, 14.5% are planning on buying something in the next three years to claim, 29.9%

About the author

Cara Waters

Cara Waters is a former SmartCompany editor. Previously, Cara was a senior reporter for the Financial Times’ website and worked for The Sunday Times in London.