Apologies Friend,
I'm not really one for sensational headlines, but the one for this email is exactly what it says it is. $20,000 in your pocket, not from us but the government and delivered with a big smile, tax free.
Why with a big smile? Because they want to help small businesses grow.
In the 2015-2016 budget, the $20,000 small business tax break budget incentive was introduced. This means any small business with a turnover of up to $2 million can fully deduct the purchase price of any new assets valued at up to $20,000.
But what is different? I hear you ask. Businesses have been able to write off assets for years.
That is it, depreciation has always been over a fixed period of time, years in fact. Under the 2015-2016 budget initiative, the full $20,000 deduction will happen in the first year – providing an instant benefit for companies.
Nice.
What's The Catch?
The catch is this scheme will come to an official end on June 30th, 2017. Yep, approximately one week from now.
So if you were in need of new fuel equipment, now would be the right time to buy.
Leave that thought with you. $20,000 to invest back into the business is not to be dismissed lightly.
Talk to Christopher Repell on 0438 311 099 for more information on BLOC Tanks and pumping equipment. (1,000L - 10,000L)
Talk to Daniel Porter on 0438 310 777 for more information on Grande Tanks and large scale fuel solutions. (12,000L - 100,000L plus)
Get in touch and we will make it happen before June 30th, so as to qualify for the deduction.
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