How to get the most from the $30k instant asset write-off

The Federal Government has announced that it would extend the instant asset write-off for an extra year, and they will also be adding an extra sweetener for small business by extending the threshold to $30,000.

Being able to invest in your business is important, and now is the time to look at taking advantage of the instant asset write-off, with the end of financial year approaching.

But what is the instant asset write-off, and who is eligible?