Thursday, 28 March 2019

How to get $30K instant asset write-off

Want to claim the cost of new attachments against your tax and benefit immediately? Get in quick before the end of financial year June 30.

There has never been a better time for small to medium businesses to buy! An instant asset write-off of $30,000 is now available for you until 30 June 2020, if you own and run a small to medium sized business that generates under $50million turnover annually. The extension of the instant write-off scheme had been announced by the Australian government in April 2019. 

What this means for you: Instead of claiming deductions over several years, the instant asset write-off scheme allows you to immediately deduct assets costing less than $30,000. And - even better - there is no limit to the number of assets a small or medium size business can claim.

Let’s say you have an earthmoving business that has held its annual revenue at around $300,000 for the past three years and you are looking to expand your business in different directions or to replace some of your equipment, by purchasing new attachments. You will be able to instantly write-off each new attachment under $30,000. Please be aware that all assets must be used, or installed ready to use by the end of the offer period. 

A perfect opportunity to expand and grow your business! Make the most of this instant write-off and get in touch with us about your new attachments now. Call 1300 2 Digga.

Please check the condition of this government initiative with your tax advisor as we can’t guarantee eligibility and cannot provide tax advice. 
Read more about the write-off here

Monday, 25 March 2019

How to Mount a Digga Ram Drill

Need to mount a Digga Ram Drill to your tractor and want to make sure everything is into place before you start drilling?

To make it easier for you, we have summarized the most important steps to be followed:

  1. Start with the Ram Drill in storage position
  2. Disconnect the 3pl stabiliser bars 
  3. Connect the left linkage and put the linchpin in 
  4. Connect the right linkage and put the linchpin in
  5. Connect the hydraulic hoses by pushing them straight into the rear remotes
  6. Connect your top link by adjusting your 3pt linkage and the hydraulic ram to line up the hole
  7. Once top link is connected move 3pl lever into the float/down position. Do not adjust 3pl once top link is connected as it may cause damage to post hole Digga or Tractor. 
  8. Raise your storage legs by pulling the pin, lifting it to the highest position and fixing it with the linchpin – repeat on the other side
  9. Connect the PTO shaft by sliding the cover back so you can access the universal joint. Twist until lined up, push the locking pin in and slide it all the way up to lock it on. Slide your safety cover back up and put the safety cover locks on.

Please note: Some tractors may require the PTO shaft to be shortened. Please refer to your manual on how to trim the PTO shaft. Failure to do so may cause PTO shaft or gearbox failure.

Watch how it’s done in our video.

SPOTLIGHT on the Digga Ram Drill

Having served the marketplace in the agricultural industry for many years, this 3pt linkage post hole digger it is good for grounds, which don’t need much down pressure.

It is ideal for all soil types including rocky, compacted and dry grounds, like in most of Australia during the summer. The benefit here is that the ram drill, instead of having a floating top pin, it has a fixed pin with Hydraulic Ram, which allows the operator to apply downward pressure via the Hydraulic Ram to push the auger into the ground.

To find out more please watch our Video.

Visit our website for further information on the ram drill and our A Series augers