Instant Asset Write Off - Splitting an invoice

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 · Accepted Answer

ZiadATO · Answer

Sure, you can do that if you like. However, regardless of how many times you split the invoice, if the total cost of the asset is above 20K, then they won't be eligible to claim the instant asset write-off. Here's some more info on eligibility for the instant asset write-off (https://www.ato.gov.au/businesses-and-organisations/income-deductions-and-concessions/depreciation-and-capital-expenses-and-allowances/simpler-depreciation-for-small-business/instant-asset-write-off#Eligibility).

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