Farmers want wriggle room on asset write-off deadline

Farmers say the federal government’s refusal to extend the deadline for the instant asset write-off will leave them short-changed. The tax write-off and temporary full expensing arrangements were introduced by the previous coalition government as an incentive to stimulate the economy during the COVID-19 pandemic. The tax relief was initially due to terminate on June 30, […]

This post was originally published on Michael West.