EOFY is just around the corner, so now is the time to take advantage
Did you know that eligible businesses can claim an immediate deduction for the business portion of the cost of a capital asset? Known as Instant Asset Write Off (IAWO), it can be used for one or multiple assets, as long as the cost of each individual asset is less than the threshold.
How do you know if you’re eligible:
- Have an aggregated business turnover of less than $500 million
And how are the assets determined?
- Cost of asset(s) are below the threshold of $150,000*
- Assets are purchased and used before 30th June 2023
And dont forget
Keep accurate records of the eligible assets purchased and the amount claimed under the IAWO. This will be important for tax purposes and for future reference.
To ensure you meet all the asset criteria we have a variety of equipment available to purchase right now!
Pricing valid while stocks last. Act fast!
EZ36 - VDS Excavator
Enquire now and save
By claiming the IAWO, you can benefit from significant tax savings and improve your business’s cash flow. So don’t miss out on this opportunity to maximize your tax deductions for the current financial year.
EOFY is just around the corner, so now is the time to take advantage of IAWO!
Whether you’ve reached the next stage in your project or there’s another one in the pipeline, choose Conplant.
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Extensive range of construction and compaction equipment
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The right equipment when and where you need it.
from the experts in compaction
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Call 1300 166 166 to see how we can help you hit your Indigenous Procurement targets.