For small business owners and warehouse managers, there’s never been a better time to add new racking, shelving or that much needed mezzanine floor!
The 2019 budget had has 3 major initiatives that you can benefit from…
1. More $$ in your pocket… via instant asset tax write off
The Budget increases the instant asset tax write-off threshold from $25,000 to $30,000, for businesses turning over up to 50M.
So, if you’ve been contemplating upgrading your storage area but haven’t ‘pulled the trigger’, doing it now would enable you to claim the cost of the project (within the govt thresholds) as a deduction in the same financial year, rather than over multiple years.
Get your warehouse audited… For free!
Would you like free advice from a warehouse storage specialist on how you can improve your storage, cut costs, and increase revenue?
Your warehouse audit is obligation free… it’s pure advice you can walk away with and use however you want.
Contact us today to book a free onsite consultation.
2. More $$ in your customers’ pocket… via tax cuts
Australian businesses are hoping that tax cuts in the form of the tax offset being doubled to $1,080 for low to middle income earners will see consumer spending pick up, , as Georgina Clark at Retailbiz reports.
3. Better access to free legal advice
Additional funding to the Fair Work Commission’s Workplace Advice Service will help 35,000 small business employers access free legal advice on employment law.