“June 30 2010 will be no ordinary end of tax year for many businesses. Having weathered the financial upheavals of the past year or so, now’s the time to prepare for the upswing. We’ve heard that 68% of small to medium sized enterprises are planning to borrow business finance in the next 6 months to [...]
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Tag Archives: 30% Investment Allowance
Act now to benefit from the 30% Investment Allowance
13/02/2009
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To help Australian industry make some headway through difficult times, the Federal Government recently announced an Investment Allowance package which will mean considerable cost savings for businesses right across the board. The allowance gives businesses a one-off tax deduction equal to 30% of the capital cost on eligible new equipment and motor vehicles costing $10,000 [...]
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