Australian grant · Listed on business.gov.au
Instant Asset Write-Off
Up to A$20,000 Closes Ongoing
Official listing and how to apply
Source: business.gov.au · Last checked
Key facts
| Funder | Listed on business.gov.au |
|---|---|
| Amount per award | Up to A$20,000 |
| Closes | Ongoing |
| Who can apply | Businesses |
| State or territory | National |
| Status | Open |
| Source | business.gov.au |
| Last checked | 10 November 2026 |
About this grant
Summary from the official listing on business.gov.au:
Eligible businesses can claim an immediate deduction for the business portion of the cost of an asset in the year the asset is first used or installed ready for use.
The instant asset write-off can be used for:
- multiple assets if the cost of each individual asset is less than the relevant threshold
- new and second-hand assets.
What you get
An asset write-off of up to $20,000.
Who it is for
Eligible businesses.
Eligibility
Eligibility, and the year in which you may use the instant asset write-off to claim an immediate deduction for an asset depends on:
- your aggregated turnover (the annual turnover of your business and that of any business entities that are your affiliates or connected with you)
- the date you purchased the asset
- when it was first used or installed ready for use
- the cost of the asset being less than the limit.
Details are copied from the official source and can change. Check the official listing before you apply. Grant Writing Company is not affiliated with this funder.
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