THE TIME IS RIGHT TO BUY NEW EQUIPMENT FOR YOUR SMALL BUSINESS!
The new government tax break enables any business with an annual turnover of less than $10 million to claim a 100% tax deduction on all business related assets under $20,000, and you can claim as many times as you like! Make sure you get in quick to benefit this financial year.
SO, WHAT CAN LDC EQUIPMENT PROVIDE YOU WITH FOR $20,000 OR LESS?.
- VMS Boards: Amber Trailer Mounted; Truck Mounted; Ute Mounted
- Arrow Boards: Trailer Mounted; Vehicle Mounted
- Lighting Towers: Solar Street Lights; Solar Lighting Towers
- LED Advertising Display Boards: Full Colour Billboard
- LED Signs
- Traffic Advisory Accessories
DON’T RATTLE THE TAXMAN
SO, HOW DOES THIS TAX BREAK WORK?
Any small business or sole trader with an Australian Business Number is eligible for the tax deduction as long as their business has an annual turnover of less than $10 million. This includes any person with an ABN.HOW DOES IT WORK?
Businesses or sole traders purchase the items outright and then get the money for the item back as a tax write-off.WHAT CAN I PURCHASE?
Any item that relates to your business. This includes any equipment from LDC Equipment.WHAT CAN?T I CLAIM?
Items to be claimed must be physical items. Marketing costs are not permitted. You also aren?t able to claim stock or software for your business.CAN I ONLY CLAIM $20,000?
No, you can claim as many products under $20,000 as you desire. There is no limit.ARE THERE ANY RULES AROUND MY CLAIM?
Yes, the items that you purchase must be related to your business.IF I WANT TO BUY SOMETHING OVER $20,000 CAN I STILL CLAIM ANY DEDUCTIONS?
Yes. Any items over $20,000 can be added together (pooled) and depreciated at the same rate. These assets are depreciated at 15 per cent in the first income year and 30 per cent per year thereafter.HOW LONG DO I HAVE TO CLAIM?
The $20,000 tax deduction goes through to June 30, 2017. It is scheduled to go back to the original $1000 threshold after that time.