none

NEED MATERIAL HANDLING EQUIPMENT? NOW’S THE TIME TO BUY

21-08-2015
by 
in 

Small business owners should take full advantage of a Federal Government tax incentive green-lit by the Senate earlier this month giving them the opportunity to claim immediate deductions on any purchases below $20,000.

It’s an instant asset write-off which could reap enormous benefits for Australian manufacturers.

Initially announced by the Government as one of their big ticket items in May’s budget, the deductions are effective from now until June 30, 2017 for small businesses with an annual turnover of less than $2 million.

Minister for Small Business, Bruce Billson, said the tax break applied to actively trading businesses with an Australian Business Number and which are able to demonstrate continuous activity through quarterly business statements.

He encouraged all small business owners to reapproach their business’s purchasing plan with the scheme in mind.

Treasurer Joe Hockey said the incentive was aimed at benefitting businesses’ bottom line and assisting with cash flow: “It means innovation; it means jobs; it means more money to invest and grow your business.”

Yale, a leader in materials handling equipment, is encouraging manufacturers to consult their tax advisors to see whether they qualify for the $20,000 incentive.

Yale offers a broad range of pallet trucks and stackers and other warehousing equipment within this price bracket.

This includes the MP20 and MP20AP hardworking pallet trucks, designed for comfort and reliable performance.

Yale’s range of pallet stackers, including the MSW020-30F, MSW040-E and MRW030-E, have also been designed with dependability in mind to optimise your materials handling operations.

Under the new scheme, any items over $20,000 can be pooled and depreciated at the same rate.

Such assets are depreciated at 15% in the financial year, and then at 30% per year thereafter.

To learn more about Yale material handling equipment, visit: www.yale.com.au or contact your local Yale dealer. 

Related news & editorials

  1. 19.10.2021
    19.10.2021
    by      In
    Big Ass Fans Australia, a globally leading manufacturer of electrical fans, is pleased to announce it has been recognised as an ABA100 Winner for Business Innovation (BIA) in the prestigious The Australian Business Awards 2021.
    The Australian Business Award for Business Innovation recognises... Read More
  2. 19.10.2021
    19.10.2021
    by      In
    Sandvik Coromant launches new software module for controlled chip breaking
    Sandvik Coromant has unveiled a new machining method that enables controlled chip breaking in thread turning applications. Launched within the existing CoroPlus® Tool Path software, OptiThreading™ is a new software module... Read More
  3. 19.10.2021
    19.10.2021
    by      In
    A prize-winning manufacturer of slide-on campers designed to withstand the extremes of the Australian climate and rigors of Outback tracks is finding a new generation of adventurers post-Covid is demanding more creature comforts as they venture into places they have never experienced.
    Wedgetail... Read More
  4. 19.10.2021
    19.10.2021
    by      In
    Fritt Fall is not for the faint hearted. Up to 4,000 visitors a day can enjoy the biggest attraction of the Gröna Lund theme park on the island of Djurgarden in Sweden’s capital Stockholm. The passengers are lifted to a height of 80 metres at a rate of three metres per second before falling into... Read More
Products
Suppliers