YES!!!! Up to $ 20,000 Excluding GST
Had your eye on that new Canon, Epson, HP or Roland printer?
Now the time to act and be print ready for the lead into the very busy second half of the year.
As you probably know there are currently a number of tax concessions in place for the 2016/17 financial year for small businesses with an annual turnover of less than $10 million.
One of those concessions is the ability to claim an immediate deduction of the FULL purchase price of each and every asset purchased and installed up until 30 June 2017 costing less than $20,000 excl. GST. The aim is to help more small businesses to reinvest in their business and grow by helping them to replace or upgrade their machinery and equipment.
This concession also applies even if you finance the asset provided you use the appropriate finance method.
The good news is that in Tuesday night’s budget the Government announced an extension of this concession by 12 months to 30 June 2018 subject to it successfully passing through both houses of Parliament.
However, if you wish to take advantage of this concession THIS FINANCIAL YEAR and reduce your taxable income THIS FINANCIAL YEAR then you don’t have long, call us today see how we can help you and your Business.
We will be only too pleased to assist you with your purchase decision as well as the correct finance.
Give us a ring today to discuss on 1300 364 817 or email us at firstname.lastname@example.org