Mercedes-Benz

Instant Asset Write-off

Thresholds, eligibilities and how we can assist.^
Instant Asset Write-off

Note: On 9 June 2020, the government announced it will extend the $150,000 instant asset write-off until 31 December 2020. This proposed change is subject to the parliamentary process and is not yet law.

Under the instant asset write-off introduced by the Federal Government, eligible businesses can claim an immediate deduction for the business portion of the cost of an asset in the year the asset is first used, or installed ready for use.

With our extensive model range of new, demonstrator or Certified Pre-Owned vehicles at two convenient locations in Chatswood and Mosman, purchasing a new car at tax time has never looked better.

To find out on your eligibility and threshold criteria, please click the link below:

For more information, please contact us on: enquiries@mbnorthshore.com.au.

^Dealership staff are unable to provide legal or taxation advice, businesses and individuals should seek independent professional taxation advice. Further information relative to the Instant Asset Write-off claims are available at https://bit.ly/3dwdiPY. Offer and tax benefits end December 31, 2020.