Small business can save up to 28.5% on phone systems before 30 June 2018
SMALL BUSINESS CAN SAVE UP TO 28.5% ON ALL TELEPHONE SYSTEM PURCHASES BEFORE 30TH JUNE 2018!
Continuing to support small businesses by extending the $20,000 immediate deductibility threshold for a further 12 months to 30 June 2018 at the higher $10 million annual turnover threshold, following the passage of legislation to lower small business taxes.
It’ll be the most tax effective for small business to purchase phone systems before the end of this financial year.
There is no better time for small business customers to invest in the tools that will help them to achieve their big ideas.
Small Business Immediate Tax Deduction for Assets Under $20,000 ***EXAMPLE for a $5,000.00 purchase*** For small business with a turnover of less than $2 million Purchased & Installed ready for use between 1/7/2015-30/6/2018 Quoted value of a new telephone system including installation (ex GST) ¹ $ 5,000.00 Immediate deduction tax savings ² $ 1,425.00 Net cost to business¹ ² $ 3,575.00 ¹ Please note that you are still entitled to claim your GST credit, if you normally do. ² Based on company tax rate of 28.5% from FY15-17 Disclaimer This example is for general information only and should not be considered as financial or taxation advice. Please consult your professional financial and taxation advisor for full details and advice.
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0403 457 079 or email@example.com
Maitland & Hunter Valleys leading Communications business
– Est. 1991