The New Instant Asset Write-Off Rules Webinar

Applying the 2020-21 Federal Budget changes in practice

Thursday, 19 November 2020

Individual Recording

Assets that can and cannot be deducted immediately
Dealing with small business pools
Common problem areas and practical issues

In the 2020-21 Federal Budget, the Government announced that businesses with aggregated annual turnover of less than $5 billion would be able to claim an immediate deduction for depreciating assets acquired after Budget night until 30 June 2022. The new rules have already been rushed through Parliament.

The New Instant Asset Write-Off Rules Webinar covers the technical detail and practical application of the key changes to the depreciation rules that are likely to impact on your business clients over the next couple of years.

We work through the timing rules, identify which assets can qualify for an immediate deduction, what to do with SBE general pools and the restrictions that apply to some larger business entities and groups.

FPA Accreditation 23100
Regulatory compliance and consumer protection = 0.50
Technical Competence = 1.00

Member Recording 
Individual Recording
Office Recording

What we cover

This essential session covers:

  • The assets that can qualify for the immediate deduction rules (and what will miss out) 
  • How the rules apply to assets that are subject to a depreciating asset lease 
  • The grouping rules that need to be considered 
  • The modified rules that apply to entities with turnover of $50m or more 
  • How the timing rules apply 
  • Planning considerations 
Member Recording 
Individual Recording
Individual Recording

Our Presenter

Michael Carruthers

Tax Director, Knowledge Shop

Michael oversees the development of the tax team for Knowledge Shop and Hayes Knight in Sydney and is head of the Hayes Knight group’s national tax committee.

Michael has a knack for seeing through the complexity and helping practitioners work through highly technical issues with certainty and accuracy

Michael is a member of the advisory panel for the Board of Taxation and is a member of the reference group for the Board’s review of small business concessions. He was also an expert panel member for the Board’s review of tax impediments facing small business.

Michael Carruthers
Michael Carruthers
Tax Director, Knowledge Shop



$195 Member
$235 Non-member


$430 Member
$480 Non-member

 *The office rate applies per office location (maximum temporarily increased to 20 participants per office location). The PD points for all attendees will be recognised.

How to access the recording

  1. Knowledge Shop members, access your discounted pricing by logging into the Knowledge Shop member website and registering. More on membership.
  2. For Individuals:
    • Register and we will email you your access details to Knowledge Shop's IQ platform (generally within 24 - 48 hours).
    • Your recording and any successive recordings you purchase will display on your personal profile.
  3. For Offices (access for up to 10 individuals from the same firm): 
    • Register and we will contact you to organise login details for your nominated staff members (generally within 24 - 48 hours).
    • You can also nominate a supervisor from your firm who will be able to see who has completed the webinar and where applicable, their quiz scores.
  4. Your recording will be available for 3 months from the date of purchase and can be viewed as many times as the registered person likes within those 3 months. Once watched, your PD hours will be recorded on the personal profile of the participant. 

Terms & Conditions 
All registrations to Knowledge Shop events are subject to our terms and conditions which include a cancellation policy. No refunds are available for webinar recordings once the Knowledge Shop IQ platform has been accessed.  Refunds are only possible if the webinar recording has not been accessed.