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<oembed><version>1.0</version><provider_name>Dendra Accounting Group</provider_name><provider_url>https://dendra.com.au</provider_url><title>$17.6 Billion Economic Stimulus Package - What's in it for your business | Dendra Accounting Group</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content"&gt;&lt;a href="https://dendra.com.au/17-6-billion-economic-stimulus-package-whats-in-it-for-your-business/"&gt;$17.6 Billion Economic Stimulus Package &#x2013; What&#x2019;s in it for your business&lt;/a&gt;&lt;/blockquote&gt;
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&lt;/script&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://dendra.com.au/17-6-billion-economic-stimulus-package-whats-in-it-for-your-business/embed/" width="600" height="338" title="&#x201C;$17.6 Billion Economic Stimulus Package &#x2013; What&#x2019;s in it for your business&#x201D; &#x2014; Dendra Accounting Group" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;</html><description>The government has announced a $17.6 billion stimulus package and the measures announced will apply to most of our business clients. These measures have been announced to start immediately however do need to pass through legislation. Its expected that the legislation will be passed in the next two weeks. An explanation of the business measures announced are below: Instant Asset Write Off The instant assets write off threshold will increase from $30,000 to $150,000 for businesses with turnover of less than $500m. This means an immediate tax deduction for business assets purchased. This proposal will apply from 12 March 2020 [&hellip;]</description></oembed>
