$6,500 Instant Asset Write Off

By: M & M Group Accounting  05-May-2013
Keywords: Capital Allowances, Asset Write Off, Instant Deduction,

With the end of the financial year approaching, you might be looking for some last minute tax deductions. For the 2013 financial year, small businesses are able to claim an instant deduction for assets they have bought costing less than $6,500. Gone are the days where these assets needed to be claimed over a number of years. So if you are looking to buy that new toy for your business, now might be the time. For further info see: http://www.ato.gov.au/content/00307676.htm or give us a call today.

Keywords: Asset Write Off, Capital Allowances, Instant Deduction,

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