Make the Tax Write Off Work for you!
Just a reminder, The Instant Asset Write-Off (IAWO) threshold has been extended to $20,000 for the 2024–25 financial year — covering any assets first used or installed between 1 July 2024 and 30 June 2025.
This move offers smart operators the opportunity to grow their business while reducing tax.
How the Instant Asset Write-Off Can Help Your Business
Invest in the Tools You Need
If you’re running a building or trade business, you know the difference the right gear can make. Under the IAWO, eligible purchases (up to $20K) can be written off immediately, reducing your taxable income and helping your business reinvest sooner.
Triple 8 Equipment Finance can help you move quickly, whether you’re buying a new ute, replacing heavy machinery, or upgrading tools.
Boost Cash Flow with Flexible Finance
Don’t have the full amount sitting in the bank? No worries. Triple 8 works with over 30 lenders to offer fast approvals, low doc loans up to $500k, and zero deposit options. That means you can hang onto your cash while still securing the equipment you need.
Special Offers for TAG Members from Triple 8 Finance
As a member of TAG, you have access to exclusive benefits through Triple 8 Finance that can make equipment financing even more affordable. Here’s what you can take advantage of:
- 50% Rebate on Lender’s Loan Establishment Fees: Triple 8 Finance is offering TAG members a 50% rebate on their lender’s Loan Establishment Fees, up to a maximum of $300. This rebate will be paid as cash-back upon settlement of any new or used business vehicle and equipment loan above $20,000.
- Free, No-Obligation Consultations: Not sure if equipment financing is right for you? Triple 8 Finance is also offering free consultations to discuss your business’s finance eligibility and borrowing capacity. These no-obligation sessions are a great opportunity to explore your options with expert guidance.
Take Action Before 30 June 2025
Don’t leave it until the EOFY rush. Get your equipment sorted now and make the most of the write-off before the window closes.
Ready to finance your next purchase and reduce your tax bill?
Call Triple 8 Equipment Finance for a confidential chat or request a call-back.
Why Work with Triple 8 Finance?
Get the Right Loan, First Go
Choosing between a chattel mortgage, lease, or hire purchase? It’s not just about interest rates — your loan structure can affect your tax. That’s why Triple 8 takes the time to understand your business needs, cash flow, and equipment usage before sourcing the most suitable finance solution.
Talk to a commercial finance expert, not a generalist.
Finance for Every Stage of Business
Whether you’re a start-up tradie or running a large team, Triple 8 offers tailored solutions for:
- Truck and trailer loans
- Heavy machinery
- Business vehicle loans
- Capital-raising against unencumbered assets