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If you purchase a cabin for Commercial Purposes then the following may apply to you.

ATO Tax Write off has changed for Eligible Businesses

has now been extended until 30 June 2021 the instant asset write-off:

threshold amount for each asset is $150,000

eligibility has been expanded to cover businesses with an aggregated turnover of less than $500 million (up from $50 million).

Visit ATO to find out more: ATO Link or talk to your accountant

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