Eligible businesses can claim an immediate deduction for the business portion of the cost of an asset in the year the asset is first used or installed ready for use.
Instant asset write-off can be used for:
- multiple assets, if the cost of each individual asset is less than the relevant threshold
- new and second-hand assets.
Disclaimer: This article is only for information purpose. Please verify the facts with your accountant before aplying for it.
If you’re a business owner, you know how important it is to protect your investments. That’s why we offer our range of quality generators, which are designed to be safe and reliable for use in any situation. Whether you’re looking for a diesel generator or other type of backup power supply, our products are built with your needs in mind.
We also understand that the last thing on your mind when a disaster strikes is how much money you could save on taxes by using one of our products. But don’t worry—we’ve got that covered too! Here’s how the tax write-off* works:
If you have purchased one of our generators and use it regularly as part of your business operations, then you can be eligible for tax credits on its purchase price. These credits can help offset the cost of owning and operating a generator. It’s that simple!
So what are you waiting for? Protect your business with our range of quality generators today!
Contact us if need more information.