The instant asset write-off concession allows some small businesses to claim an immediate deduction for assets less than a certain value.

Items including desktop computers, modems, monitors, tablets, mobile phones, and printers can be claimed. These items are considered capital purchases and may need to be depreciated over a set time, which the Australian Tax Office (ATO) determines. Of course, there are also running costs that these items will incur. Make sure you check the ATO website or contact your accountant for more information regarding the instant asset write-off for eligible businesses.

Nasser Sedghi from CBM Computers spoke with Dubbo Photo News this week about the benefits of buying a computer and/or IT products to take advantage of the instant asset write-off for eligible businesses. CBM Computers have been in business in Dubbo for some 27 years, they are one of Dubbo’s iconic businesses who are trusted by many. They provide an enormous array of IT products and offer professional support for their products including installation of products and of course, invaluable advice for their valued customers.

Computers and IT products found at CBM Computers are always priced competitively but offer great value and that standard back up service which is of high importance when purchasing such items particularly when not all of us are as tech savvy as CMB Computers and their staff.

If you’d like to know more about purchasing computers and IT products to take advantage of the instant asset write-off for eligible businesses, call in and chat with Nasser. If you’re still unsure visit the ATO website at: https://tinyurl.com/ato-tax-writeoff for more information.