End of Financial Year - Tax Incentives

When preparing for "tax time", we all think about maximising deductions.


Under Economic Stimulus Measures there are currently three temporary tax depreciation incentives available to eligible businesses:
  • Temporary full expensing
  • Increased instant asset write-off
  • Backing business investment

Download ATO Guide Download ATO Guide

Business Owners may be eligible to claim a tax deduction for a range of new and used business assets such as:

• Motor vehicles - cars, utes, trucks and trailers
• Equipment, Machinery and Tools
• Technology hardware – computers, laptops, monitors, printers

These assets can be financed and still be eligible for the deduction.

Don't delay – get in early to arrange finance & avoid missing out.

Many lenders have already warned of delays and backlogs in processing finance applications for approval and settlement, before End of Financial Year.

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