Veterinary BusinessEquineSmall AnimalGeneralBovine

Save Big: Upgrade your equipment with the instant asset write-off

By May 13, 2025May 20th, 2025No Comments

EOFY Is Here! Make the Most of the Instant Asset Write-Off

With the end of the financial year fast approaching, now’s the time to take advantage of the instant asset write-off for items valued under AUD 20K and invest in equipment that’ll improve your efficiency and care.

What Does This Mean for Veterinary Practices?

If you’ve been thinking about upgrading your ultrasound machine or investing in new imaging equipment, this EOFY is the perfect time. The write-off could make purchases more affordable and free up valuable cash flow.

Summary of the Instant Asset Write-Off (2024/25):

  • Eligible small businesses may be able to immediately deduct the cost of assets used or installed in the same financial year.

  • Applies to new and second-hand assets used for business purposes.

  • Your business must have an annual turnover under the threshold set by the ATO (check the current limit at ato.gov.au).

  • Assets must be first used or installed ready for use by 30 June 2025 to claim this financial year.

  • There’s no limit to how many assets you can claim (subject to eligibility).

What can you get for less than 20k?

  • Our new VETUS E5 from Mindray
  • Transducers
  • Secondhand and ex-demo machines
  • GI Smart
  • NFI FOCUS goggles
    and more!

We’re Here to Help

We offer a range of premium ultrasound machines and accessories to suit every practice. Whether you’re looking for a portable unit, a top-end imaging system, or a simple upgrade—we can help you find the right fit.

📞 Contact us today to discuss your options.

Contact us to discuss various options for your clinic today.

Before making any purchases, we advise you to speak to your accountant/financial advisor to discuss how the purchase might impact your cash flow or current tax position.

 

 

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