Instant Asset Write Off! (AU & NZ)

New Zealand: Low value instant asset write off threshold increased to $5,000 Instant asset write off measures for New Zealand business are now: Threshold increase to $5,000 (excluding GST) for asset purchases from 17th March 2020 through to 17th March 2021 From 17th March 2021 the threshold will decrease to $1,000 It is worth pointing…