150k ASSET WRITEOFF EXPLAINEDHOW YOU CAN BENEFIT
DON’T MISS THE CHANCE TO PAY LESS TAX
RACKING, MEZZANINES, SHELVING AND WORKBENCH OPTIONS ELIGIBLE.
PURCHASE NOW AND CLAIM BACK ON TAX EOFY
NOW IS A GREAT TIME TO INVEST IN STORAGE, INCREASE CAPACITY AND SAVE TAX
BY PURCHASING PALLET RACKING NOW WE CAN SAVE 27.5% ON OUR TAX BILL THIS YEAR
STORAGE OPTIONS ELIGIBLE FOR WRITE OFF
ASSET WRITE OFF CASE STUDY
Disclaimer: Note: This is assuming the business is an SME business paying tax at 27.5% and will have tax payable related to the year ended 30 June 2020. This is general advice only and does not constitute financial or tax advice. You should obtain specific advice tailored to your situation from your Accountant or Tax Agent.
|FINANCIALS||SCENARIO ONE||SCENARIO TWO WITH 100K PALLET RACKING INSTALL||TAX SAVING|
|Cost of goods sold||3,500,000.00||3,500,000.00|
|Profit before tax||500,000.00||400,000.00|
|Tax at 27.5%||137,500.00||110,000.00||27,500.00|