Did you know that businesses with an aggregated turnover of less than $5 billion can immediately deduct the business portion of the cost of eligible new depreciating assets.** The eligible new assets must be first held, and first used or installed ready for use for a taxable purpose, between 7.30pm AEDT on 6 October 2020 and 30 June 2022.
To take advantage, you need to purchase and have installed, ‘ready to use’ on your premises, before the 30th June 2021 so you can claim the benefits in your 2020/2021 tax return.*
Equip Office Furniture can help you find the right furniture for your workspace; whether it is a stock item displayed in our Showroom or custom designed for your specific environment.
* Equip recommends you consult your accountant on all taxation issues prior to purchase. **ATO Website