Federal Budget Tax Concession
All small businesses will get a tax deduction for any individual assets they buy costing less than $20,000. (Currently, the threshold sits at $1,000). This $20,000 limit applies to each individual item. Small businesses can apply this $20,000 rule to as many individual items as they wish.
What can I buy?Anything used for running your business e.g. cameras, computers, printers, lenses, flashes etc. You can use the tax deduction on as many individual items as you want.
For More Details About How The Budget Affects You, Click HERE
You should seek professional tax advice to ensure your purchase from us is tax deductible