"2013 BUILD FIRST REGISTERED 2015 FREIGHTLINER CORONADO SD 112, 6x4 ROADTRAIN PRIMEMOVER, DETROIT DD15-560HP, 18 SPEED ROADRANGER, RT50-160GP AXLES, ABS, NEWAY AIR BAG SUSPENSION-4.56 RATIO, QUAD SQUARE TANKS, SUPER SINGLES, FUPS ALLOY BULL BAR, 58 MID ROOF SLEEPER WITH KING SINGLE BED, PURE AIR ELECTRIC REFRIGERATED BUNK COOLER, TWIN GANTRY MOUNTED EXHAUST, AERO KIT, 106T RATED
FOR MORE INFORMATION PLEASE CALL
NIGEL SCHOFIELD 0419 176 900
MICK ANIC 0418 394 866
FINANCE PAUL FLORENCE 0409 791 859
Federal Government Stimulus Package – COVID 19
The Government is implementing measures to help the economy withstand and recover from the economic impact of coronavirus - they have begun with increasing the instant asset write-off (IAWO) threshold from 12 March 2020. Eligible businesses now include those with an aggregated annual turnover of less than $500 million (up from $50 million). The IAWO has been increased from $30,000 to $150,000 (excluding GST) and can be applied towards new and used vehicles purchased and delivered by 30 June 2020, with an immediate tax deduction available for the cost of the vehicle on the date of acquisition. For new vehicles purchased and delivered by 30 June 2021, an immediate tax deduction is available for 50% of the cost of the vehicle on the date of acquisition, and no threshold applies to the cost of the vehicle (Australian Taxation Office, 12 March 2020).
Contact us today to discuss your options during these unprecedented times.
Please refer to the following links and seek further advice from your financial advisor for your own financial circumstances: