How Small Businesses Can Use the $20,000 Instant Asset Write Off to Upgrade Hardware
As part of the 2024-2025 Budget, the government has temporarily increased the instant asset write-off limit from $1,000 to $20,000 for businesses with an aggregated turnover of less than $10 million. Until 30 June 2025, eligible businesses can immediately deduct the business-related cost of an asset in the year it is first used or installed and ready for use. This can be used for:
- Multiple assets, provided the cost is less than the relevant limit
- New and second-hand assets
Assets valued over $20,000 can still be depreciated at 15% in the first year and 30% each year after that.
Ready to Upgrade?
With Windows 10 reaching end-of-life (EOL) on 14 October 2025, many businesses are now at a turning point when it comes to their IT infrastructure. Once Microsoft stops releasing security updates and patches, devices still running Windows 10 will become increasingly vulnerable to cyber threats. Without regular updates, even basic protections like antivirus and firewalls may not be enough to keep your systems secure.
Outdated operating systems are a common entry point for cyberattacks, particularly ransomware and phishing campaigns that target known vulnerabilities. For businesses, this risk isn’t just technical, it can lead to real-world consequences like data breaches, operational downtime, and damage to your reputation. If your business relies on devices that can’t be upgraded to Windows 11 due to hardware limitations, now is the time to consider replacing them.
If you’re unsure which of your systems are affected or want help planning a cost-effective hardware refresh, we can assist with an audit and provide upgrade recommendations tailored to your needs.
Enquire today to see what you can upgrade before EOFY
Take advantage of the increased $20 000 instant asset write off before 30 June 2025 and upgrade your ageing hardware before Windows 10 reaches end of life. Replacing outdated devices now not only strengthens your cybersecurity posture but also lets you claim the full deduction this financial year, making it a smart move for both security and your bottom line. Get in touch today to plan your hardware refresh before the window closes.
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