A Gentle Reminder: Making the Most of the $20,000 Instant Asset Write-Off Before 30 June 2026
Welcome,
As we head into the final stretch of the 2025–26 financial year, it’s worth a quick reminder about the current Instant Asset Write-Off — it’s a practical opportunity that can make a real difference when investing in better livestock handling equipment.
For most Australian livestock businesses with an aggregated turnover under $10 million, eligible depreciating assets costing less than $20,000 (GST-exclusive) can be immediately deducted, provided they’re installed and ready for use by 30 June 2026. After that, the threshold is scheduled to drop back to $1,000 unless extended again.
That $20,000 per-asset threshold is particularly useful for the equipment that delivers day-to-day gains on farm — such as bulk handlers, Loading Ramps, Pneumatic Drafters and smaller yard upgrades. Many of these types of items fall within that range, meaning the full cost can often be claimed in the same financial year they’re put to work, rather than depreciated over time.
We also understand that many operations involve larger yard builds or multi-component handling systems that exceed $20,000 overall. In these cases, we provide clear, itemised quotes that break the project into individual components. Where those components are considered separate depreciating assets under ATO guidelines, they may be eligible to be claimed individually. This approach helps keep documentation straightforward and gives your accountant the clarity they need to assess what can be written off.
The bottom line? If you’ve been considering improvements to your yards, handling efficiency, or workflow this season, now is a smart time to act. You get the benefit of better equipment immediately, with potential tax advantages that support your cash flow heading into the next cycle.
If you’d like to talk through your options — whether it’s a single piece of equipment or a larger yard upgrade — your local ProWay rep is always happy to help. We can walk you through the setup, pricing, and provide clear documentation to support your discussions with your accountant.
As always, we recommend confirming your eligibility and treatment with your accountant or tax advisor, as individual circumstances can vary.
Here’s to making every dollar work harder on the farm.
Cheers,
The ProWay Livestock Equipment Team