Did you know your business could be eligible for the instant asset write-off this end of financial year (EOFY). You have until 30 June to purchase and write-off assets up to $20,000 each.
This is the ideal time to invest in big-ticket business essentials such as office furniture or technology.
Head to Winc’s website (https://lnkd.in/gde9S3-u) to explore their end of financial year (EOFY) sale.
The $20,000 instant asset write-off is ending soon.
Businesses you only have til 30 June to purchase assets up to $20,000 to claim a tax deduction for the full amount this year.
“If you run a small business that needs to replace crucial workplace supplies such as chairs and tech equipment, ease the financial burden by taking advantage of the Government’s instant asset write-off framework during Winc’s End of Financial Year Sale.
“In the latest Federal Budget 2026–2027, the Australian Government signalled the instant asset write-off will be made permanent from 1 July 2026. However, businesses looking to take advantage of the current scheme this financial year will need to make eligible purchases before 30 June,” explains Dr Adrian Raftery FCA.
Shop here (https://lnkd.in/gpGDqcFh) for their End of Financial Year Budget Busters!
Petrol prices have gone through the roof which means an increased cost of doing business.
If you need to replace crucial office equipment at this time, ease the pressure by taking advantage of the instant asset write off and claim an immediate deduction for your organisation.
With less four weeks till End of Financial Year (EOFY), have you considered what employees need in the workplace kitchen?
“Keep your receipts and make sure purchases are recorded before the 30 June deadline for claiming purposes with your accountant,” explains Dr Adrian Raftery FCA.
From coffee machines to keep employees energised, to other everyday kitchen essentials, stock up and take advantage of the Winc EOFY sale now.
Now is a great time to review what office equipment you need to upgrade or replace.
Complete your end of financial year purchases well before the 30th June deadline and remember to keep your receipt for claiming and record-keeping purposes.
The cost of living is impacting us all.
Make every dollar count by bringing forward tax deductible purchases before June 30 to increase your tax refund and get some great deals and discounts throughout this period as well.
For more tax tips and great end of financial year deals like this one head to winc.com.au