Making the Most of the $20K Asset Write-Off with Wood-Mizer

March 30, 2026

For Australian small businesses, this financial year presents a closing window that's worth acting on. The $20,000 instant asset write-off—long a valuable tool for reinvesting in equipment—is set to expire on 30 June 2026, with the threshold expected to revert to $1,000 thereafter. 

 

In practical terms, eligible businesses with an aggregated annual turnover of less than $10 million can claim the full cost of depreciating assets costing less than $20,000 in the year they're purchased—provided those assets are installed and ready for use before the deadline. (Sources: mfaa.com.au; moore-australia.com.au).

For sawmillers, contractors, and timber businesses, this is more than a tax benefit—it's an opportunity to strengthen your operation. Whether you're just getting started with an LX or LT range portable sawmill, or expanding an existing setup with an edger, resaw or blade sharpening equipment, this threshold creates a practical entry point to invest in equipment that delivers immediate value. To qualify, each asset must be priced under $20,000—making it well within reach for a wide range of Wood-Mizer's entry-level machines. 

 

Many operators begin with a single mill, and it's often these early-stage investments that shape how efficiently the business grows. A reliable entry-level sawmill gives you control over your timber from day one, while adding supporting equipment like an edger or resaw can improve recovery, consistency, and overall output without requiring a major capital jump. 

 

Importantly, the $20,000 threshold applies per asset, meaning multiple smaller investments can qualify. It's not about scaling too quickly—it's about making smart, timely decisions that improve how you work and what you get from every log. 

 

There is one detail that matters: to qualify, equipment must be installed and operational before 30 June—not just ordered. As EOFY approaches, lead times and availability will tighten, making early action essential. 

 

Across Australia, hardwood timber demands equipment that can handle it without compromise. Even at entry level, strength, stability, and accuracy are what define the result. 

Real hardwoods need real mills. And the right equipment alongside them. 

 

With the deadline approaching, the opportunity is clear—what matters now is acting in time to make the most of it. 

Wood-Mizer Australia is not a financial advisor. This article is for general informational purposes only. Please consult your accountant or financial advisor to understand how the instant asset write-off applies to your specific business circumstances.