Taxation, Accounting, Business.

Tax Concessions Year Ending 30 June 2013

Remember with 30 June approaching there are some tax concessions that are available for small business:

  • the instant asset write-off threshold increased from $1,000 to $6,500
  • a quicker initial deduction of up to $5,000 for motor vehicles
  • the long-life small business pool and the general small business pools have been consolidated into a single pool.

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