For commercial and industrial laundry operations, the end of the financial year is more than just a deadline, it’s an opportunity to upgrade equipment, improve efficiency, and strengthen your operation for the year ahead.
One of the biggest incentives for businesses planning equipment upgrades is the instant asset write-off, which can make investing in new laundry machinery significantly more attractive.
For the 2025–26 financial year, eligible small businesses may be able to immediately deduct the business portion of the cost of certain business assets rather than depreciating them over time.
Key points include:
- Up to $20,000 per asset may be written off immediately
- Applies to small businesses with aggregated turnover under $10 million
- Assets must be first used or installed ready for use between 1 July 2025 and 30 June 2026
- The $20,000 threshold applies per asset, meaning multiple eligible assets can potentially be claimed
- Eligible purchases generally include machinery, equipment, tools and business assets
Why upgrading before EOFY makes sense
Beyond potential tax advantages, upgrading your laundry equipment can deliver real operational benefits.
Modern commercial machines are designed to improve performance while reducing operating costs through better energy and water efficiency.
Upgrading equipment can help you achieve:
- Faster turnaround times and higher throughput
- Reduced staff workload and manual handling
- Improved consistency in hygiene and wash quality
- Lower water and energy consumption
- Greater reliability during peak demand periods
Total Commercial Equipment can make upgrading your laundry equipment simple and efficient. Our team can help you plan, supply and install the right laundry solutions to suit your operational needs.
If you’re considering upgrading your laundry equipment, now is the time to start planning so you can make the most of EOFY opportunities.
We recommend seeking your own independent financial or tax advice to ensure the Instant Asset Write-Off is right for your individual business circumstances.