Your EOFY instant asset write-off checklist

With the end of the financial year (EOFY) fast approaching, it’s the perfect time to use the government’s $20,000 instant asset write-off to upgrade your business’s IT. Eligible businesses can claim a full deduction on depreciating assets, giving you a chance to boost security, efficiency, and productivity while reducing your taxable income.

To claim the deduction this financial year, assets must be installed and ready for use by June 30, 2026. Here’s a checklist to help you make the most of this opportunity.

1. End-user computing
Boost daily productivity by refreshing outdated devices. Modern hardware comes with built-in security features to protect your staff wherever they work.

• Business laptops and desktop computers

• Monitors, docking stations, and peripherals

• Mobile devices and tablets for work

• Small office printers and scanners

2. Network infrastructure
A reliable network is the backbone of your business. Upgrading your core components supports better performance and safer Wi-Fi for your team and guests.

• Business-grade network routers

• Managed network switches

• Wi-Fi access points

• 5G failover devices for constant connectivity

3. Security hardware
Protect your network perimeter from external threats. Remember, security hardware must be installed and configured by June 30 to be claimed in 2026.

• Next-generation firewalls

• Secure web gateway appliances

• Hardware VPN concentrators for secure remote access

4. Backup and storage hardware
Protect your business from potentially devastating data loss. Investing in physical resilience helps you recover quickly from hardware failure or cyberattacks.

• Network Attached Storage (NAS) appliances

• Small business backup devices

• External backup hard drives

5. Servers and compute
While large servers exceed the threshold, many small businesses can upgrade their compute infrastructure under the $20,000 cap.

• Entry-level or mid-range servers

• Mini servers for smaller branch sites

6. Meeting rooms and communications
Enhance collaboration in your hybrid work environment with modern, reliable communication tools.

• High-definition video conferencing bars

• Room cameras and professional speakerphones

• Large meeting room displays

• Dedicated mini-PCs for meeting software

Quick FAQs

• Can I claim multiple assets? Yes, the $20,000 limit applies on a per-asset basis.

• What does ‘ready for use’ mean? The asset must be delivered, installed, and operational by June 30.

• Is the $20,000 limit ex-GST? Yes, if you are registered for GST. If not, the limit includes GST.

• Does this apply to software? Generally, no. This write-off is for physical assets. Subscriptions are typically treated as operating expenses.

Secure your IT upgrades before EOFY
Don’t leave your technology refresh to the last minute. To ensure your new assets are installed and ready for use before the deadline, you need to act now.

Contact the Pinpoint IT team today to discuss your hardware needs and secure your IT infrastructure before June 30.