$20,000 immediate deduction from ATO for small businesses

This article in no way constitutes financial advice, but is a reminder to have a talk to  your accountant to see if you are eligible for the $20,000 small business deduction.  The program extends until 30 June 2017.

We can think of some things that might be handy.

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http://www.emmetts.com.au

 

https://www.ato.gov.au/General/new-legislation/in-detail/direct-taxes/income-tax-for-businesses/small-business—expanding-accelerated-depreciation/?page=1#INFORMATION_ALERT___IMMEDIATE_DEDUCTIBILITY_FOR_ASSETS_LESS_THAN__20_000

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