The Site Shed
The Site Shed is a tradie podcast designed to assist and educate trade based business owners around the globe with business related topics and current affairs.
The podcast is targeted to tradespeople and contractors like plumbers, builders, electricians, tilers, roofers, locksmiths, landscape gardeners & horticulturalists, printers, chefs, hairdressers, however it is a small business podcast so it also suits anyone that is in business.
Facilitated by former plumber Matt Jones, this podcast addresses topics related to the trades, such as; apprenticeships, technology, business tools, web, digital, cloud, content creation, SEO, marketing, as well as regular guest appearances from co-host specialists, successful case studies, good and bad experiences and lot's of do's and don't that have been learned through the school of hard knocks.
Matt's unique approach to communicating relevant topics is both refreshing and enjoyable. His experience as a plumber of 12 years, combined with his knowledge of the digital and business space as the owner of Tradie Web Guys, a company that helps tradespeople and contractors grow their online presence, you're sure to transform your earbuds, into a university.
The Site Shed
What exactly is the $20k instant-asset write-off? | ft. David Rosenthal | Ep.424
In this episode, we break down everything you need to know about Australia's instant asset write-off. Discover how it works, which assets qualify, and why it’s a must-know for small business owners. Whether you're purchasing tools, vehicles, or equipment, this initiative can save you thousands. We also cover common misconceptions and tips to avoid missing out.
Stay tuned till the end for expert advice on timing your purchases for maximum tax savings.
Watch the video version of this podcast at https://youtu.be/IL4CYgR12Yw
Discussion Points:
00:00 Second part: $20,000 instant asset write-off discussion.
06:14 What is the most common asset?
08:01 Temporary equipment budget changes annually until 2025.
10:54 Selling a written-off car incurs taxable profit.
13:46 Early tax deduction through financed asset acquisition.
17:19 Seek advice on timing for asset write-offs.
Resources:
- Visit Retinue’s website at www.retinue.com.com.au
- Get in touch with David at david.rosenthal@retinue.com.au
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- Website: thesiteshed.com
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