Forklift Special Offer | MLA Holdings Australia

Act now to take advantage of the $30,000 instant tax write-off before June 30th


small businessSmall Business can claim $30,000

The ATO threshold for small business instant tax write-off has increased to $30,000 and has been extended to 30 June 2020.

The instant asset write-off includes businesses with a turnover from $10 million to less than $50 million. These businesses can claim a deduction of up to $30,000 for the business portion of each asset (new or second hand), purchased and first used or installed ready for use from 7.30pm (AEDT) on 2 April 2019 until 30 June 2020.

Businesses with a turnover of up to $10 million can also claim a deduction for each asset purchased and first used or installed ready for use, up to the following thresholds:

  • $30,000, from 7.30pm (AEDT) on 2 April 2019 until 30 June 2020
  • $25,000, from 29 January 2019 until before 7.30pm (AEDT) on 2 April 2019
  • $20,000, before 29 January 2019.

Information sourced from the ATO Website, see: https://www.ato.gov.au/Newsroom/smallbusiness/General/$30,000-instant-asset-write-off/

Get the best for your business before the EOFY!

 

Let's get started
Whatever you need, we can help

Whether you're looking for information about our latest models, financing deals, parts, training or something else, we have exactly what you're looking for... You'll quickly discover why so many local companies choose us for their forklift needs.

Mitsubishi Forklift Trucks