Instant Asset Write-Off Calculator 2025-26
Estimate your tax savings for eligible business asset purchases · FY 2025-26
Enter Your Details
If the asset is used for both business and personal purposes, enter the business use portion only.
Must be under $10 million to qualify for instant write-off.
Estimated Tax Saving
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based on your inputs
2025-26 Instant Asset Write-Off at a Glance
| Item | Details |
|---|---|
| Asset threshold | $20,000 (per asset) |
| Turnover requirement | Under $10 million |
| Small business tax rate | 25% |
| Must be used / installed by | 30 June 2026 |
| Assets over threshold | Depreciated via small business pool |
Source: ATO — Simplified depreciation for small business. Always confirm with your tax agent as thresholds are subject to change.
Frequently Asked Questions
What is the instant asset write-off threshold for 2025-26? ▼
For FY 2025-26, eligible small businesses with annual turnover under $10 million can immediately deduct assets costing $20,000 or less. Assets over $20,000 must be depreciated through the small business pool.
Who is eligible for the instant asset write-off? ▼
Businesses with an aggregated annual turnover of less than $10 million are eligible under the simplified depreciation rules. The asset must be used or installed ready for use in the same income year you claim the deduction.
Does the instant asset write-off include GST? ▼
If your business is GST-registered, use the GST-exclusive price for both the threshold check and deduction amount. If not GST-registered, use the full purchase price including GST.
What happens if my asset costs more than $20,000? ▼
Assets costing $20,000 or more cannot be immediately written off. Instead, they are added to your small business depreciation pool and depreciated at 15% in the first year, then 30% per year thereafter.
When must I purchase or install the asset? ▼
The asset must be first used or installed ready for use before 30 June of the financial year you're claiming. Purchasing before 30 June and putting it into use by then ensures you can claim the deduction in that tax year.
⚠️ This calculator provides estimates only. Tax laws change frequently. Always consult a registered tax agent for advice specific to your business situation. MyPayAU is not affiliated with the Australian Taxation Office.