The facts behind the $20,000 immediate deduction

The facts behind the $20,000 immediate deduction

One of the cornerstone’s of the Government’s 2015 Federal Budget was the announcement that as of Budget night, small businesses could claim up to $20,000 in expenditure on capital items up-front.  This is an increase from the previous limit of $1,000.

There have been a lot of myths, hype and advertising around this announcement, but to get the facts, download our monthly Your Knowledge newsletter using this link.

 

 

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