Instant Asset Write Off - Automated External Defibrillator (AED)

Updated: Jun 17

Act now, to make the most of available government incentives and ensure you’ve made any business purchases that you’ve been thinking about, before June 30.



"Very few people survive a cardiac arrest without swift assistance and the use of an AED might be the difference between life and death," Ms Julie Nielsen said.

"Anyone can use an AED. You do not need specialised training, but you do need access to one to save a life." Ms Nelson

For every minute that passes without CPR and defibrillation, the chance of survival for a casualty decreases by 7 to 10 percent. Early CPR and defibrillation is provided within minutes this offers the best chance of survival.


Currently only 10% of people survive out of hospital sudden cardiac arrests.


An estimated 19,000 AEDs are now installed in locations across Victoria, but many workplaces still do not have this life-saving device.


As an employer, you must, so far as is reasonably practicable, provide and maintain a working environment that is safe and without risks to health. This includes providing adequate facilities for the welfare of employees at workplaces under their control.


WorkSafe is urging employers to consider installing a life-saving defibrillator at their workplace


You should consider whether it is reasonably practicable to have an AED on site to manage the risk of death from cardiac arrest in the workplace.


Consider installing an AED in addition to existing first aid procedures, such as having a trained first aider and first aid kits at the workplace.

AEDs should be installed in well-known, visible and accessible locations. They should not be locked.


END OF FINANCIAL YEAR 2020/2021


The end of financial year is fast approaching. Eligible businesses can claim an immediate deduction for the business portion of the cost of an asset in the year the asset is first used or installed ready for use.


Eligible businesses can claim an immediate deduction for the business portion of the cost of an asset in the year the asset is first used or installed ready for use.


With people spending one-third of their lifetime at work, there is a strong chance of a cardiac arrest occurring at the workplace. Important to have up to date well stocked first aid kits and AEDs.


For more information about the instant asset write off please speak to your accountant or visit the ATO website - https://www.ato.gov.au/Business/Depreciation-and-capital-expenses-and-allowances/Simpler-depreciation-for-small-business/Instant-asset-write-off/


https://www.worksafe.vic.gov.au/use-automated-external-defibrillator-aed-workplace

https://www.worksafe.vic.gov.au/news/2019-07/call-more-life-saving-defibrillators-workplace




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