Claim your $20,000 asset write-off before 30 June
SYDNEY, Australia - December 4, 2017
Pre-Christmas sales and deals are a great opportunity to take ownership of a new printing asset and claim an immediate tax deduction for your business before the end of the year.
Remember, the deduction is intended for physical assets, like a new Epson SureColor SC-F2000 direct-to-garment printer, a Roland TrueVis printer/cutter, or a Sawgrass VJ628 large-format dye sublimation solution. There is no limit to how many assets you can claim the deduction for, as long as each item costs less than $20,000.
The write-off applies to both new and used/demo equipment and has been extended to include small and medium-sized businesses with an annual turnover of up to $10 million.
DISCLAIMER: This article represents general information only. Before making any financial or investment decisions, we recommend you consult a financial planner to take into account your personal financial situation and individual needs.
GJS is Australia’s premier provider of solutions and services for the textile, promotional products, custom photo gift, sign and display industries. With over 40 years’ experience, GJS supplies everything needed to start and operate a successful printing business including equipment, consumables, training and support. Headquartered in Revesby, NSW, and with additional teams located in Victoria and Queensland, GJS serves customers throughout Australia, New Zealand, and the Pacific Islands. For more information visit: gjs.co. GJS and the GJS logo are trademarks or registered trademarks of GJS. Other names are trademarks of their respective owners.