Get 100% Instant Asset Write-Off Tax Benefit!
Are you looking for your next earthmoving machine? Under the limited government instant asset write-off legislation, you can now claim 100% instant asset write off if you purchase your equipment/vehicle before 30th June 2023.
You might be asking yourself, Why? How? & When? For this exact reason, allow us to explain why your next SANY Machine is just around the corner.
The government instant asset write-off is a procedure that enables eligible businesses to claim an immediate deduction for their business in the costing of an asset for a limited period.
Assets eligible for the write-off incentive must be in use or installed/ready for use by the 30th of June 2023. With this deadline hastily approaching, make sure you don’t miss your chance!
Requirements and benefits:
- For businesses to be eligible, they must have less than $5 billion annual turnover.
- Claims are made through your tax return.
- Multiple assets can be claimed if the costs of each individual asset are less than the relevant threshold.
- New and second-hand assets.
Now is the perfect opportunity and time to be investing in a new SANY machine, with the benefit of the instant asset write-off.
For more information regarding our equipment benefits and features, visit our website at www.yelloequipment.com/au or contact one of our friendly experts today at 1300 093 556
For all information concerning the instant asset write-off policy, visit the ATO website