This announcement is a major boom to small business with an annual turnover of less than $2 million. Effective from Budget Night 12th May 2015 through to 30 June 2017, any new assets costing less than $20,000 will qualify for an immediate tax write off.
Whether you require Hardware (desktops, laptops, servers), Software (licensing) and IT Project Services to improve your business systems; If your business has a 30 June year end and you want to spend the balance of your budget before then, you can contact us on 1300 582 690 or email firstname.lastname@example.org to discuss your requirements. We pride ourselves on meeting delivery deadlines but it is always better to begin your planning as soon as you can.
You may be able to claim a full tax write-off for purchases up to $20,000, if you are a small business entity as defined by the ATO.