Australian plumbers, carpenters, electricians and farmers have been given a significant boost in the Budget - allowing them to instantly write off the cost of new equipment. Tradesmen with their own business can buy new utes and immediately claim them as tax deductions as part of the instant asset write-off scheme Treasurer Josh Frydenberg extended for a year in Tuesday's Budget. Farmers meanwhile can buy new tractors and claim the cost back through the government's 'full expensing' scheme. Any assets first used or installed by June 30, 2023 are eligible. Tradesmen and women can buy new utes and immediately claim them as tax deductions as part of the instant asset write-off scheme. Pictured is a construction worker in Sydney on May 11