Key rates: Small business depreciation — Summary of instant asset write-off thresholds
| Purchase date or date asset first used (or installed ready for use) for a taxable purpose | Threshold |
| From 1 January 2021 | $1,000 |
| 12 March 2020 to 31 December 2020 | $150,000 |
| 2 April 2019 7:30 pm (AEDT) to 11 March 2020 | $30,000 |
| 29 January 2019 to 2 April 2019 7:30 pm (AEDT) | $25,000 |
| 12 May 2015 7:30 pm (AEST) to 28 January 2019 | $20,000 |
| 1 January 2014 to 12 May 2015 7:30 pm (AEST) | $1,000 |
| From 2012/13 to 31 December 2013 | $6,500 |
| Before 2012/13 | $1,000 |