Grow Your Business.
The Federal Government has announced a 30 percent Investment Allowance on all new goods purchased for business purposes and installed by 30th June 2009.
There could be also benefits that extend beyond this period.
This could mean that a $50,000 new car or equipment will give a one off tax deduction of $15,000 on top of the normal depreciation allowed.
Business's seeking finance should contact us to find out about about capitalising on this offer with finance.
Most lenders are waiting on the government to legislate this offer before detailing how they will treat this investment allowance but most businesses should be considering their capital acquisition program now.