Need Help? Give us a call 1300 VIDEOPRO (1300 843 367)
YOUR CART: 0 item(s) for $0.00
You are Viewing: Home > 1906-smallbusiness
Small Business Tax Deductions


Is your small business ready for the end of financial year?

Act now and take advantage of the immediate deductions available to small businesses for depreciating assets bought for less than $30,000!*

Get in quick - buy before June 30 to claim in this year's tax return*.

Terms and Conditions: *Eligible business entities with an aggregated annual turnover of less than $50 million in an income year, may have access to immediately deduct depreciating assets that cost less than $30,000. This applies to assets purchased until 30 June 2020 (inclusive), and that are first used or installed ready for use in that income year. The less than $30,000 threshold applies to each individual item. Businesses can apply the less than $30,000 threshold to as many individual items as they wish. The deduction is limited to the extent to which the asset is used for a taxable purpose. These terms are for general information only and do not constitute taxation or legal advice. Other requirements under the tax law apply. Seek professional tax and/or legal advice to determine whether you are eligible to claim a deduction for any purchases. Click here for more information