50% Depreciation - A one off tax bonus for business

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. All you need to do is buy a new asset over $1000. Cars, computers, plant and equipment.

There are certain rules and conditions, so contact us for a personalised assessment.