The $20,000 instant asset write-off presents a valuable opportunity for dental practices to invest in essential equipment and technology. With the deadline approaching on30 June 2025, it's imperative to understand how to leverage this incentive effectively.
Eligible businesses with an aggregated turnover of less than $10 million can immediately deduct the business portion of the cost of assets less than $20,000. This applies to multiple assets, provided each individual asset is below the threshold. Assets must be first used or installed ready for use by 30 June 2025.
Unlike standard depreciation, this enables your business to deduct the entire cost in one year. It provides small and medium businesses with a significant cash-flow boost and makes the economics of capital investment much more feasible.
Will the Incentive be Back Next Financial Year?The instant asset write-off incentive was not renewed in the recent budget for FY26. At this stage it seems definitive. While it is still possible for any future Government to renew the scheme after the election, that possibility remains unlikely.
Strategic Investment Opportunities
Investment in equipment not only improves patient care but can also contributes to operational efficiency and practice growth. Dental practices can utilise this write-off to acquire:
Digital imaging equipment
If you haven't already updated, modern digital x-ray equipment can help
streamline your examinations and improve diagnostic accuracy. The latest
imaging systems, such as the Carestream CS 2200 allow for higher image
clarity with lower radiation exposure. If you're not already using an
intraoral camera this is a must have to improve your workflow and patient
experience. Units such as the Carestream CS 1500 deliver precise,
true-to-life images with each and every shot. This provides the visual
evidence you need to educate patients and make more accurate diagnoses.
CAD/CAM systems
Patients overwhelmingly prefer CAD/CAM procedures, especially intraoral
scanners. Procedures that incorporate intraoral scanners instead of
physical impressions are consistently rated as more comfortable. The Dexis
IS 3700 is a great entry level option to consider. Designed with Studio
Porsche, it delivers a high-performance scanning experience that takes you
in any direction you want to go.
Surgical Instruments
This is a great time to review your small equipment asset register. New
handpieces and motors are always welcome by clinicians to help them work
safer and more efficiently. The NSK Surgic Pro+ delivers the highest
performance and reliability in virtually all surgical procedures. For
highspeed handpieces our personal favourite is the NSK Ti-Max Z800L. The
mini head design offers the perfect mix of ergonomics and visibility
without compromising on performance. To really differentiate your
practice, consider introducing pain-free anaesthesia. The Ronvig Calaject
system controls the flow rate, which ensures a smooth and gentle flow of
anaesthesia.
At MoreDent, we offer a range of eligible products designed to elevate your practice. Our team is ready to assist you in selecting the right equipment to maximize the benefits of the instant asset write-off, ensuring your practice remains at the forefront of dental innovation.
