plant: The tax break will also be lifted immediately to cover assets worth up to 25,000, up from 20,000, Prime Minister Scott Morrison announced today, according to Nine News Australia. Businesses who go out and invest today, whether it's a vehicle, whether it's a piece of plant or equipment, all of it, up to 25,000 immediate write down, he said in Brisbane. To improve your experience update it here News National Tax breaks for small businesses extended as pre-election campaigning steps up By 9News Staff8 25pm Jan 29, businesses will get an extra tax break with the Morrison government again extending the instant asset write-off to mid-2020. Scott Morrison has extended a tax break for small businesses for another year. This is the third year-long extension to the measure, which was set to finish at the end of the current financial year. AAP We are so serious about small and family businesses and we have put our money where our mouth is.
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