The $150,000 instant asset tax write-off: everything you need to know

The $150,000 instant asset write-off tax incentive introduced by the Federal Government in the lead-up to the coronavirus lockdowns has caused widespread confusion in the car industry about how it applies to motor vehicles. A special investigation by CarAdvice has found most major car companies are reluctant to offer any guidance about which vehicles might be eligible under the scheme scheduled to run from 12 March 2020 to 30 June 2020, the close of this financial year.