GOVERNMENT INCENTIVE TO HELP AUSTRALIAN BUSINESS
$150K INSTANT TAX WRITE OFF FOR FITOUTS, refurbishments AND MAKE GOODS
Just in case you have been thinking about completing a new fit out but think it might not be the best time to do it, think again. Its great news for small business with the new government incentive and increase to the instant write off threshold to $150,000. Not only will this help combat COVID-19 it will also inject funds into the Australian economy, both benefits much needed at this time. Official changes from 12 March has increased the threshold amount for instant write-off from $30,000 to $150,000. Eligibility has also been expanded to cover businesses with an aggregated turnover of less than $500 million (up from $50 million). Want to find out more about this incentive Click Here https://www.ato.gov.au/Business/Depreciation-and-capital-expenses-and-allowances/Simpler-depreciation-for-small-business/Instant-asset-write-off/
Now is the time to act with this increase due to expire on 30 June 2020 with the opportunity to complete a new fit out, buy new furniture, or refurbish your Sydney office space. A new fit out can help your office space reflect your culture and brand whilst establishing a collaborative space to work within. As the dust settles to the effects of COVID-19 and staff returns to work, employee morale will be more important than ever. Office Design not only inspires your staff to feel professional but also cared about. https://duvalcomm.wpengine.com/office-design-really-does-matter/
