EOFY savings
Save this EOFY with Digga and the ATO’s $20k instant asset write off.
Who could benefit:
- You’re an Australian business with a turnover of less than $10million/ year and,
- You purchase eligible assets that cost less than $20,000 before the 30th June 2018
You could save thousands this EOFY.
If you’re working in earthmoving, agriculture, landscaping, screw piling or general earthworks you could purchase any Digga machinery attachment with a value less than $20k and benefit from the ATO’s instant asset write off provision. You can write-off as many individual items as you like, provided they are less than $20,000 and you claim the deduction through your tax return, in the year the asset was first used or installed ready for use.
What are you waiting for? View the Digga range of machinery attachments here.
For full terms and conditions visit the ATO's website. It is important for you to seek professional tax advice from a licensed agent before you make any financial decisions. This tax deduction may not be suitable or beneficial for all businesses.
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