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If you’ve been thinking about upgrading any of your infrastructure here is some great news from the government - an investment tax break for business!
As part of the Government's initiative to fight the recession, a bonus 30% tax deduction has been offered for tangible depreciating assets purchased before June 30 2009, and must be installed by June 30 2010.
Eligibility Requirements:
If your annual turnover is less than $2 million AUD when you purchase new equipment valued at $1,000 or more before June 30, 2009 you can claim a 30% tax deduction on the cost of the assets. The purchased equipment must be installed by June 30, 2010
If your annual turnover is greater than $2 million AUD, purchase $10,000 worth of equipment and receive a bonus 30% tax deduction on the assets
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Experts suggest that for small and medium businesses to survive the forecasted downturn and recession, investment in your current business IT setup is key, as detailed in a recent Sydney Morning Herald article, "Investment Vital for Survival" |
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download the brochure.
Is your organisation involved in direct telemarketing?
If so, you probably already know about the ACMA Do Not Call Register. Number Washer, developed in Australia by Far Edge, is designed specifically to maintain and substantiate compliance with the ACMA legislation.
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