For another 12 months, small businesses can continue to write off on new assets up to a value of $20,000. This scheme allows small businesses with a turnover threshold of up to $10 million to be able to access the small business tax concessions, compared to a previous threshold of only $2 million annually. The government last year dropped the company tax rate to 27.5% which is the lowest level in 50 years. This will allow small business to invest in provisions that are beneficial to the growth of the company and economy.
If you are a small business and need to upgrade your pool heating equipment, now is the time to take advantage of this extended tax break. EvoHeat guarantee the most economical year round pool heating solutions and can provide you with an extensive pool heating evaluation to show you how you can save money on your pool heating running costs. Contact EvoHeat today on 1300 859 933 and start saving money now!