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Got $20k to write off before EOFY? Here’s how to turn tax time into upgrade time

If you're a small business owner in Australia, EOFY is knocking – and there’s still time to make it count. You’ve got just a couple of weeks left to take advantage of the $20,000 instant asset write-off before 30 June 2025 rolls around.

This isn’t new – the Australian government extended the write-off last year (find out more here), giving small businesses like yours more time to invest smart and claim big. Now, with EOFY fast approaching, it’s your chance to make a move that boosts your space and your bottom line.

So, what can you actually do with it? And how can $20,000 worth of write-offs turn into real results for your office?

Let’s break it down.

First things first – what is the instant asset write-off?

In simple terms, the instant asset write-off lets eligible small businesses claim an immediate tax deduction on assets they purchase and use for business purposes.

The catch? Each asset must cost less than $20,000 and be installed and ready for use in the same financial year. So if you buy a $3,000 desk setup before 30 June 2025, you can claim it back in your 2024–25 tax return.

Do I qualify? Yes, if your business has an annual turnover of less than $10 million, you’re good to go.

Why it matters right now

For a lot of small business owners, tax time usually means receipts, spreadsheets, and a long look at what could’ve gone better. But this year, you’ve got a chance to flip that script.

Think of the write-off as your ticket to a smarter workspace – without the hit to your wallet. It’s a way to invest in the tools your team actually needs to get more done, feel better at work, and impress your clients.

Let’s face it – those mismatched chairs and wobbly desks aren’t cutting it anymore.

What can you actually claim?

Short answer – a lot. Here’s what counts under the write-off if it’s used for your business:

  1. Desks and workstations
  2. Chairs (ergonomic, task, boardroom – you name it)
  3. Meeting room tables
  4. Reception counters
  5. Lounge seating and breakout furniture
  6. Storage cabinets and shelving
  7. Standing desks
  8. Mobile pedestals
  9. Accessories like monitor arms and acoustic panels

The key is that each item must be under $20,000 and installed before the 30 June 2025 deadline.

So… what can $20,000 get you at jason.l?

A lot more than you might think. Let’s build a sample office package to see just how far that instant asset write-off can stretch when you’re kitting out your space with smart, stylish furniture:

Workstations that actually work

4 x Quadro Cylinder Leg 3 Person Run Office Workstations – the ideal solution for a productive, collaborative team of three. If you're looking to maximise seating even further, consider placing additional desks along a wall. It's a simple way to add extra seats while maintaining flow and functionality. ~$1,217 each = $4,868

12 x Shrike Ergonomic Office Chairs – All-day comfort, adjustable everything ~$449 each = $5,388

Breakout zones with real breakout energy

1 x Mondo S Curve Activity Lounge – Great for casual catch-ups or five-minute breathers ~$2,660

2 x Sapphire Disc Base Café Tables – Ideal for the kitchen or team lunches ~$180 each = $360

4 x Kea 4 Leg Visitor Armchairs – Modern, stylish, and comfortable ~$199 each = $796

Storage that moves with you

12 x Slim Mobile Pedestals – Lockable, space-saving, and tidy ~$229 each = $2748

2 x Uniform Credenza + Planter Box – Practical and adds some greenery to your space ~$383 each = $766

Total: $17,586 (plus room to throw in a few accessories or monitor arms)

That’s a full office fitout that’s write-off ready – and makes a serious impact without blowing your budget.

Not sure where to start? Let’s talk solutions.

At jason.l, we get that every office is different. Maybe you’re fitting out your first space, expanding the team, or refreshing your vibe to match your brand. Whatever your setup looks like, we’ve got the tools, the team, and the turnaround time to get it done – fast.

Need it designed? Sorted.
Need it delivered? You bet.
Need it installed? We’ll roll up our sleeves.

Our fitout specialists work with you to make sure your space looks good, works even better, and stays within budget – especially when tax time’s on your radar.

Get in touch with us today and let’s make it happen.

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