Asset investment write-off extension gives farmers, suppliers extra spending options

Andrew Marshall
Updated April 15 2021 - 12:43am, first published June 9 2020 - 11:00am
Tax write-off extension to December 31 wins farm sector applause
Tax write-off extension to December 31 wins farm sector applause

Farmers have applauded the federal government's decision to extend its popular $150,000 instant asset investment write-off offer until December after many businesses highlighted the previous deadline was too short to make practical use of the incentive.

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Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

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