Take Advantage of the Small Business Tax Incentives

Are you a small business with an annual turnover of up to $10 million? Take advantage of the $20,000 small business instant tax write-off by investing in innovative solutions for your workshop.

Accelerated depreciation is available now to larger companies for the 2017 financial year via the simplified depreciation rules now in place. Companies with an annual turnover of up to $10 million will now be able to access the Small Business Concessions for the current 2017 financial year. These concessions were previously only available to companies with an annual turnover of up to $2 million.

Our paintTROTTER mobile rapid repair spray booth will save your business time and money by increasing workshop productivity, reducing repair times, and reducing energy costs PLUS giving you access to tax benefits.

The paintTROTTER can also be complemented with a shortwave infrared drying machine, reducing drying times by up to a third and energy costs per job.

Click here for more information on the instant asset write-off threshold.

Link to ATO website – https://www.ato.gov.au/Newsroom/smallbusiness/Lodging-and-paying/Get-your-$20,000-instant-asset-write-off/ 

 

To find out more about how our innovative range of workshop solutions can improve your bottom line, phone 1800 680 603.

See More Information Click: https://www.ato.gov.au/Newsroom/smallbusiness/Lodging-and-paying/Get-your-$20,000-instant-asset-write-off/

 

Recommended Posts