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    Accounting, Accounts  cash, money 
Simplified depreciation rules for small business
July 29, 2013 

If you need to buy depreciating assets in your business – computers, machinery, cars, etc., - then the new rules that came into effect on 1 July 2012 provide some significant tax advantages for businesses with turnover of less than $2 million.


Expanding our horizons!
07-06-2011 
Click on the link to find out just how you can stay in touch.

The Guide to activity statements (BAS)
27-04-2011 
An overview...

Are you being paid enough super?
27-04-2011 
The employee superannuation guarantee (SG) calculator tool is designed to help you determine whether you are eligible for SG contributions, and whether your employer is paying the correct amount.


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50% Deduction
18-05-2009 

Small Business Tax Break... (more)

The 2009 Federal budget has resulted in some changes that could provide small businesses with a 50% tax deduction on new car or equipment purchases. This is in addition to the usual tax deductions available on depreciating assets. Here are the key points to note:


  • Businesses with an annual turnover of less than $2 million could benefit from an extra 50% tax deduction on new eligible depreciating assets costing $1,000 or more. The asset must be acquired by 31 December 2009 and installed ready for use by 31 December 2010.
  • Businesses with an annual turnover of $2 million or more could benefit from an extra 30% tax deduction on new eligible depreciating assets costing $10,000 or more. The asset must be acquired by 30 June 2009 and installed ready for use by 30 June 2010. 

Get started today with car and equipment finance.

You may be able to take advantage of the Government tax break by using our car and equipment finance solutions to purchase an eligible asset for your business. Our business links with financiers means we can provide funding despite market volatility. And with interest rates currently at a 49-year low, now could be the ideal time to invest in your business. Just call us to see how easy getting finance is.