For businesses with a turnover of less than $2 million, there is a one off bonus of an extra 50% depreciation. This doesn't affect the normal depreciation cycle. It is a bonus 50% tax deduction.
If you are a business and purchase an eligible asset before 30 June 2009, you will be entitled to an extra 30% tax deduction for that asset in your 2008-2009 tax return. The mos
As reported in the media, Tax Today has alerted the media and public that it is a requirement to lodge your 2008 income tax return before 30 June 2008 to be eligible for this new &ld