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Posted by admin on March 23, 2010

Business Tax Breaks on IT Assets for Small to Medium Enterprises

Now is a great time to maximise the return on your IT Infrastructure investment by taking advantage of the Commonwealth Governments Business Tax Breaks. Small business owners can now gain as much as a 50% tax deduction on top of the standard corporate tax rate of 30% for IT infrastructure (not software) purchased before the offer deadlines (Purchased before: 31-Dec-2009, Installed before: 31-Dec-2010). For small business with an annual turnover of less than $2 million this could mean an additional tax deduction to the value of 15% of the asset for companies or more for sole traders.

For more details about Business Tax Breaks see the official website or speak with your accountant.

When your ready to take advantage of this offer contact us.