Using the simplified depreciation rules, assets costing less than the relevant instant asset write-off threshold are written off in the year they are first used, or installed ready-for-use. This threshold applies to each asset irrespective of whether the asset is purchased new or second-hand.

There’s 3 significant dates to get your head around this financial year.

This article explains how AI will impact business and the benefits.  Have a read and let me know your thoughts!