Monthly Archives : June 2020

$150k Instant Asset Write-off Extended

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As part of the Government’s measures to support businesses survive the economic impact of COVID-19, the instant asset write-off (IAWO) threshold amount was increased from $30,000 to $150,000 as of 12th March, 2020. Initially intended to end on 30th June 2020 and revert back to different, less beneficial depreciation rules from the 1st July 2020; the… Read more »

Handy checklists for tax time.

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It’s that time of year again, and although it’s been a bumpy 2020 so far, your tax appointment doesn’t need to be stressful. If you’re prepared with the right paperwork, receipts and statement information, you are on track for a hassle free appointment with the Hrkac Group Accounting team. Our Accounting team has prepared some… Read more »

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