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. *

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