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Get your $20,000 instant asset write-off

Great tax deduction opportunity for small business.

The ATO has announced that small businesses can claim assets less than $20,000 purchased prior to 1 July 2017 as a tax deduction on their 2017 tax returns.

This is provided the business has a turnover of less than $10 million, and the asset is used or ready to use before 1 July 2017. *

Claim your $20,000 instant asset write-off

Genelite has generators, air compressors, and associated power generation equipment ready for immediate delivery. So you need to get in quick to make the deadline.

It is not too late – contact the team at Genelite for more info.

www.genelite.com.au    1300 305 912

*Source:  http://www.ato.gov.au/Newsroom/smallbusiness/Lodging-and-paying/Get-your-$20,000-instant-asset-write-off

 

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