In a huge boost for business, the Australian Government has extended the instant asset write-off scheme and removed the $150,000 per asset limit.
A major benefit is that business can claim deductions upfront, rather than spread them over several years through depreciation. This could help businesses accelerate growth and bring future investments forward.
Better yet – there is no limit to how many assets you can purchase under this scheme!
To qualify for this year’s rebate, you’ll need to purchase and install any assets or vehicles by 30 June, so don’t delay! I can arrange finance for a broad range of new and used business assets and vehicles, with the right rate and repayment term to suit your financial goals and circumstances.
Please don’t hesitate to get in touch if you’d like assistance financing any business purchases.
Ben Eick 0414 383 212
ben.eick@nectarmortgages.com.au