TAKE ADVANTAGE OF THE AUSTRALIAN GOVERNMENT’S 2020 ECONCOMIC STIMULUS PACKAGE

Instant asset write-offs available on new and used equipment under $150K*

– OR –

50% instant depreciation for assets over $150K*

Instant Asset Write Off details:

• Available to companies with annual turnover under $500M.

• Any eligible asset (vehicles, machinery etc) with a purchase price of $150,000 OR LESS (excluding GST) acquired before June 30, 2020.

• New or Used equipment is eligible.

• More than one purchase of $150,000 and under may be claimed under these rules.

50% instant Depreciation details:

• Available to companies with annual turnover under $500M.

• Any eligible asset (vehicles, machinery etc) with a purchase price GREATER THAN $150,000 (excluding GST) acquired from March 12th to June 30, 2021.

• NEW assets only.

• No limit to the number of assets acquired.

* Terms and conditions apply – please consult your tax advisor for advice.

Currently a good stock holding on a range of Trailers, Tippers and Dollies. And custom specific products also available for new builds.

We encourage you to contact us to discuss how you could benefit from this Stimulus Package.

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