We understand that saving money and paying less tax is important to everyone in business with the end of the 2019 financial year just around the corner. That’s why we are offering competitive finance options on a wide range of new and used equipment and motor vehicles. And of course, we will work hard to get you the best finance deal with terms that suit your individual circumstances.
Businesses can claim a deduction of up to $30,000 (Ex GST) for the business portion of each asset (new or second hand), purchased and first used or installed ready for use from 7.30pm (AEDT) on 2 April 2019 until 30 June 2020. Additionally, businesses with a turnover of up to $10 million can also claim a deduction for each asset purchased and first used or installed ready for use, up to the following thresholds: