Pick up a genuine bargain while stocks last!
$150,000 TAX WRITE-OFF AVAILABLE!
The Australian instant asset write-off has been increased to $150,000!
Now is the perfect time to invest in your new Fecon forestry attachment and expand your business capability, efficiency and profitability!
The instant asset write-off threshold has been increased from $30,000 to $150,000 and expanded access to include businesses with aggregated annual turnover of less than $500 million (up from $50 million). This applies from 12 March 2020 until 31 December 2020, for new or second‑hand assets first used or installed ready for use in this timeframe.
The higher IAWO threshold provides cash flow benefits for businesses that will be able to immediately deduct purchases of eligible assets each costing less than $150,000. The threshold applies on a per asset basis, so eligible businesses can immediately write‑off multiple assets.
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* Terms & Conditions: 1.99% finance offer based on a chattel mortgage 36 month term (52 week year), with nil balloon on any new Fecon BH74 Mulcher Attachment. Finance offer is available on new attachments only, subject to stock availability and and finance applications must be received and approved from 15/07/2020 until 31/08/2020. Valid at Fecon Australia branches only (Newcastle, Sunshine Coast, Perth). Finance is provided by MKP Finance ABN 56 611 706 784 to approved business customers only (GST registered). MKP Finance Pty Ltd reserves the right to change, extend or withdraw the offer at any time. Terms, conditions, fees and charges apply.
^ Please speak to your accountant or tax agent for specific advice regarding the $150,000 Instant Asset Tax Write-Off incentive and refer to www.ato.gov.au for full details on eligibility.