3 Types of PeopleMake Your Purchase CountWrite Off This Financial Year
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There are 3 types of people in the world
Those who can count
And those who cannot
If you buy an asset by 30 June and it costs less than $20,000.00 the ATO are allowing you to write off the business portion in your 2018 tax return
https://www.ato.gov.au/Newsroom/smallbusiness/Lodging-and-paying/$20,000-instant-asset-write-off/
This is a great financial incentive for the eligible business owner and a great boost for our economy
Some ideas ....
Create or Update your website
New or upgraded kitchen equipment
Fit out you new or existing restaurant with the latest tables
Get those new computers you have been looking at
While the latest Federal budget has a proposal to extend this offer for another year, currently the write off will be reduced to $1000.00 from 1 July 2018
https://www.ato.gov.au/Newsroom/smallbusiness/Lodging-and-paying/$20,000-instant-asset-write-off/
This is a great financial incentive for the eligible business owner and a great boost for our economy
Some ideas ....
Create or Update your website
New or upgraded kitchen equipment
Fit out you new or existing restaurant with the latest tables
Get those new computers you have been looking at
While the latest Federal budget has a proposal to extend this offer for another year, currently the write off will be reduced to $1000.00 from 1 July 2018
*as always, we are not financial planners and you should always refer to your accountant for your eligibility
Make Sure You Can Count - We Have Lots of Ideas |
