Instant Asset Write Off

SAVE TAX AND INVEST IN YOUR BUSINESS THIS FINANCIAL YEAR!

Take advantage of the Instant Asset Write Off and save money in your business on NEW and USED equipment!

This year, the Australian Tax Office has increased the write-off threshold to $150,000 (up from $30,000) and expanded access to include businesses with aggregated annual turnover of less than $500 million (up from $50 million).

HOW DOES THE INSTANT ASSET WRITE-OFF SAVE ME MONEY?
FIND OUT HERE!

As tax time is fast approaching, now is the perfect time to secure your next BROOKFIELD ChainBar, SuperDrill, OmniBin, OmniBin Mini Range, CrossBar or SheepFeeder!

For details, eligibility and requirements visit the Australian Tax Office.

We have machines in stock Australia wide –
Call us on 1800 774 274 to discuss your on farm requirements!

*This is general information only, seek business specific advice from your accountant.

Accelerated Depreciation Deduction Arrangements

ACCELERATE YOUR BUSINESS DEPRECIATION DEDUCTIONS!

Take advantage of the Backing Business Investment (BBI) initiative from the Government to support your business investments!

This year in response to the impact of Coronavirus, the Australian Government has created a 15 month investment incentive that supports business investment by accelerating depreciation deductions.

Businesses with a turnover of less than $500 million will be able to deduct 50 per cent of the cost of an eligible asset on installation, with existing depreciation rules applying to the balance of the asset cost.

For details, eligibility and requirements visit the Australian Government website.

We have machines in stock Australia wide –
Call us on 1800 774 274 to discuss your on farm requirements!

*This is general information only, seek business specific advice from your accountant.

Helpful Links