Reduce your tax bill with an Avant and the Instant Asset Write-Off
May 8, 2019
As a small business owner, you can reduce your tax bill by investing in eligible depreciating machinery and equipment for your business with the Australian Tax Office’s Instant Asset Write Off scheme.
Businesses can claim an instant tax deduction, of up to $30,000 on the cost of their equipment and machinery, rather than depreciating it over several years.
With the 2018/2019 tax year soon coming to an end it is the perfect time to purchase or upgrade your machinery and equipment with the Instant Asset Write-off scheme.
Avant Equipment has a range of compact articulated loaders and attachments that could assist you in reducing your tax burden this financial year. Remember one loader can be used for many applications by simply changing the attachment.
To find out more information on how much your business can spend to take advantage of the Australian Taxation Office Instant Asset Write-off scheme please click here