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Machinery And Equipment Investment A Priority For Small Business in 2016

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According to research by the Commonwealth Bank, Australian small businesses are keen to invest in new Machinery and Equipment.  But have less interest in upgrading their Technology.  See iTWires article. 

It is only a couple of weeks to the end of the financial year and the Tax Office still have the 100% tax deduction in place for small business.  However they have moved the maximum turnover allowed to $10 million dollars, opening up this opportunity to so many more businesses.

So if you have machinery or equipment that is less than $20,000, now is the time to buy.  You will receive your 100% tax deduction.  There is no guarantee this will be around for the following tax year.

So give us a ring and we can go through financing options with you.

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