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Golden West Honda Offers

$150K Instant Asset Write-Off Large Image

$150K Instant Asset Write-Off

Upgrade now with Golden West Honda!

If you hold an ABN and are looking to upgrade your vehicle before 30th June 2020, you may be eligible for the Instant Asset Write-Off.

The Australian Government has increased the Instant Asset Write-Off (IAWO) threshold for small to medium business owners from $30,000 to $150,000.

This means that small to medium businesses with a turnover of less than $500m, will be able to deduct purchases of eligible assets that are less than $150,000.

So now is the PERFECT TIME to get the MODEL YOU WANT!

 

*We are unable to provide you with advice or assistance with eligibility or the ability to claim this deduction for your business, therefore please contact your Tax Agent or Accountant. The vehicle must be delivered before the 30th June 2020 to claim this deduction. For all terms and conditions please visit the following link https://www.business.gov.au/risk-management/emergency-management/coronavirus-information-and-support-for-business/instant-asset-write-off