From 7.30pm AEDT on 6 October 2020 until 30 June 2022, temporary full expensing allows a deduction for:
The business portion of the cost of new eligible depreciating assets for businesses with an aggregated turnover under $5 billion or for corporate tax entities that satisfy the alternative test.
The business portion of the cost of eligible second-hand assets for businesses with an aggregated turnover under $50 million.
The balance of a small business pool at the end of each income year in this period for businesses with an aggregated turnover under $10 million.
Having the right equipment ensures your business operates at the highest level of productivity. By using finance, it allows you to achieve an immediate return on investment. Contact our specialised team today to arrange your pre-approval on 1300 880 765 or Apply Online www.financeatwork.com.au