Mr Frydenberg said the write-off could be claimed every time a business bought an eligible asset worth less than $30,000,such as when a plumber bought new tools,or a cafe owner purchased a fridge.
"Small businesses are the engine room of our economy,"he said in his budget speech.
"They are integral to every local community. People running a small business put their livelihoods on the line. We want small businesses to prosper,and we are backing them to do so."
Under one case study presented by the government,a hypothetical nursery employing five people would be able to write off the purchase of two vans under the scheme,instead of depreciating the assets. As a result,the business would save on tax and improve its cash flow by $13,500. A hypothetical business with 60 staff could boost its cash flow by $30,800 by buying 10 commercial ovens,a budget document says.