Tax Rebate
Tax Rebate

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

    • Now is the perfect time to act and save. Far Edge has a range of business offerings to cut future costs and boost producitivity. Contact us now and at no charge, we can evaluate your current systems. From there we will tailor a solution specifically for your business.

    For further information regarding the tax break please follow the links:

    For an overview.

    For detailed information (ie eligible assets and how to claim).

    For a fact sheet.