30% tax deduction until June 30th 2009
30% Government investment tax break incentives for small business stops June 30th 2009
We are all experiencing the current conditions and there have been multiple stimulus packages provided to date to help keep Australia moving away as apposed to towards a recession. Even Harvey Norman is in on the act advertising his stimulus package for customers.
The federal government announced in early February a special 30% investment tax break to help stimulate investment in capital equipment. We should all take advantage where we can of this opportunity.