For a limited time businesses can claim an extra 50%, 30% or 10% deduction on some of the assets they buy or improve.
You’ll find new, easy to understand information your clients need on the business tax break on ATO website.
Deadlines and thresholds depend on the size of the business, so check the website for details, or phone 13 72 86 Fast Key Code 2 5.
Courtesy: eLink, An email bulletin for tax professionals