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In response to the COVID-19 crisis, the Australian Government have increased the Instant Asset Tax Write-off to $150,000. Is your business eligible to benefit? Talk to us today!

The Instant Asset Write-Off

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In March 2020 the Australian Government increased the Instant Asset Write-Off (IAWO) threshold to help small & medium business owners weather the COVID-19 crisis.

The threshold has now been raised from $30,000 to $150,000 providing cash flow benefits for businesses that will be able to immediately deduct purchases of eligible assets each costing less than $150,000.

The threshold applies on a per asset basis, so eligible businesses can immediately write‑off multiple assets. The IAWO is due to revert to $1,000 for small businesses (turnover less than $10 million) from 1 July 2020.

In your business eligible to benefit? Find out by speaking one of our experienced team members today!

Eligiblity:

Eligibility

Are you eligible to take advantage?

Well the good news is that the Australian Government is expanding access so that more businesses can take advantage of the Instant Asset Write-off.

To qualify the annual turnover threshold for businesses is now increasing from $50 million to $500 million. Expanding the threshold will mean an additional 5,300 businesses who employ around 1.9 million Australians will be able to access the Instant Asset Write-off for the first time.

Timing:

Eligibility

When does this increased program commence?

This new Instant Asset Write-off proposal kicks off on 12 March 2020 and will run until 30 June 2020. It applies for new or second‑hand assets first used in this timeframe. 

Seek independent advice from your accoutant.

We advise all customers to speak to their accountant and seek professional advice before making a purchase decision.

Further Information

For more information regarding the Instant Asset Write-off program and other stimulus package supporting Asstralian Businesses please visit business.gov.au.

Eligible Inventory:

2012  Mazda 6 Wagon (Grey) Used Thumbnail

2012 Mazda 6

Type
Used Vehicle
Transmission
Manual
Kilometres
159,775
VIN
JM0GH102200228897
Stock #
U177055

$9,990

Drive Away

2018  Holden Equinox Lt Fwd Wagon (Silver) Used Thumbnail

2018 Holden Equinox Lt Fwd

Type
Used Vehicle
Transmission
Sports Automatic
Kilometres
69,000
VIN
3G0AX7E88JS619623
Stock #
U176153

$23,990

Drive Away

2019  Peugeot Expert 180 Hdi Long Van (Wpp0) Demo Thumbnail

2019 Peugeot Expert 180 Hdi Long

Type
Demo
Transmission
Automatic
Kilometres
26,122
VIN
VF3VFAHHWJZ134643
Stock #
P134643

$43,990

Drive Away

2009  Mazda 2 Neo Hatchback (Silver) Used Thumbnail

2009 Mazda 2 Neo

Type
Used Vehicle
Transmission
Automatic
Kilometres
96,190
VIN
JM0DE10Y1A0143194
Stock #
U177359

$8,790

Drive Away

2017  Subaru Xv 2.0i-l Lineartronic Awd Wagon (Orange) Used Thumbnail

2017 Subaru Xv 2.0i-l Lineartronic Awd

Type
Used Vehicle
Transmission
Constant Variable
Kilometres
48,256
VIN
JF1GT7KL5JG016613
Stock #
U177740

$25,490

Drive Away

2008  Alfa Romeo Gt Jts Coupe (Red) Used Thumbnail

2008 Alfa Romeo Gt Jts

Type
Used Vehicle
Transmission
Manual
Kilometres
58,599
VIN
ZAR93700005261720
Stock #
U177090

$9,990

Drive Away

2015  Holden Colorado Z71 Crew Cab Utility (Orange Rock) Used Thumbnail

2015 Holden Colorado Z71 Crew Cab

Type
Used Vehicle
Transmission
Sports Automatic
Kilometres
114,043
VIN
MMU148PK0GH604715
Stock #
U175761

$34,990

Drive Away

2016  Subaru Outback 3.6r Cvt Awd Wagon (Dark Grey) Used Thumbnail

2016 Subaru Outback 3.6r Cvt Awd

Type
Used Vehicle
Transmission
Constant Variable
Kilometres
86,000
VIN
JF2BSFKC2HG058590
Stock #
U176542

$29,990

Drive Away

2010  Ford Falcon Xr6 Ute Super Cab Utility (Nitro) Used Thumbnail

2010 Ford Falcon Xr6 Ute Super Cab

Type
Used Vehicle
Transmission
Sports Automatic
Kilometres
79,000
VIN
6FPAAAJGCMAR56442
Stock #
U177737

$13,990

Drive Away

2019  Peugeot Partner 110 Low Roof Mwb Thp Van (Wpp0) New Thumbnail

2019 Peugeot Partner 110 Low Roof Mwb Thp

Type
New Vehicle
Transmission
Manual
VIN
VR3EUHNPHKJ790931
Stock #
P790931

$27,990

Drive Away

2019  Peugeot Expert 150 Hdi Long Van (Wpp0) New Thumbnail

2019 Peugeot Expert 150 Hdi Long

Type
New Vehicle
Transmission
Automatic
VIN
VF3VFAHXVKZ049101
Stock #
P049101

$44,990

Drive Away

2019  Peugeot 308 Gt Line Hatchback (N9m6) New Thumbnail

2019 Peugeot 308 Gt Line

Type
New Vehicle
Transmission
Sports Automatic
VIN
VF3LPHNWWKS453063
Stock #
P453063

$36,990

Drive Away


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Zupps Mt Gravatt Peugeot

Fleet

1300 Logan Rd
Mt Gravatt, QLD 4122

Phone
07 3404 8800
Manager
Gavin Mann

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Department Trading Hours

Monday
Appointment Only
Tuesday
Appointment Only
Wednesday
10:00 AM - 4:00 PM
Thursday
10:00 AM - 4:00 PM
Friday
10:00 AM - 4:00 PM
Open Now
Saturday
Closed
Sunday
Closed