HOW TO GET THE NEW SMALL BUSINESS TAX WRITE OFFS?

WHO GETS IT?

If you are registered business, i.e. you have an ABN, and it turned over less than $2 million you can claim.

HOW MUCH?

Businesses can buy any machinery or equipment related to their business if each item is valued at less than $20,000. You can claim the full amount from your income to reduce your tax bill. There is no limit on the number of items a business can claim.

For more information click here.

Boost your business with these products that are TAX deductable.