EOFY Tax Deductions for Small Businesses

This is a friendly reminder that small businesses with an aggregated annual turnover of up to $10 million can immediately deduct assets they start to use or install ready for use, provided the assets cost less than $20,000. This applies to assets purchased up until 30th June 2018. 

Feel free to contact us about using this tax break to build up your business' IT infrastructure and hardware. If you make your purchase before June 30th, you can claim it in this year's tax return, so be quick to get in touch!