Immediate tax offset on capital purchases under $20,000

The Federal Budget small business incentive to purchase capital machinery has been extended to 30 June 2018.

Don’t miss out on the federal government small business accelerated depreciation scheme. This scheme offers the immediate asset write off for any capital purchase under $20,000 (ex. GST). The $20,000 threshold applied from 12 May 2015 and will reduce to $1,000 from 1 July 2018.

Upgrade your laundry machinery now and benefit from this tax offset opportunity! Contact one of our Laundry consultants today.

For further ATO budget information click here.