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$20,000 instant asset write-off for your Art Collection

$20,000 instant asset write-off for your Art Collection

by Moving Canvas | May 25, 2017 | Art News, Commissioned Art, Corporate Artworks | 0 comments

$20,000 asset write-off – 12 May 2015 From 12 May 2015, small businesses with aggregate annual turnover of less than $2 million are immediately able to deduct any new assets purchased, provided the assets cost less than $20,000.As reported in the Sydney Morning...

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