With only weeks to go until the end of financial year, it’s vital that local businesses and employers prepare themselves for last minute tax details. Changes have been legislated that will affect you this end of financial year.
Dubbo City & Gilgandra Toyota are here to help. With the assistance of BDO, we have this handy “cheat sheet” for some of the basic vehicle tax information.
With the constant changing regulations, it’s difficult to keep track of what your business is eligible to claim. Click here to read more!
Some highlights include:
- Accelerated depreciation of motor vehicles (instant asset write-off) has been increased from $20,000 to $30,000.
- Small and medium businesses will be able to utilize this asset depreciation for vehicles purchases up to $30,000 (subject to business use)
Offer extended through 30 June 2020
For more information, contact Richard Condon our sales manager on 02 6882 1511 or firstname.lastname@example.org