Who’s going to claim the $20,000 tax write-off
This will apply to assets acquired or installed ready for use prior to 30 June 2017. The $20,000 limit applies to each individual purchase. Small businesses can apply this $20,000 rule to as many individual items as they wish. You should seek professional advice to determine whether you are able to claim a deduction for such purchases.
Some purchases from SSV Street Sound & Vision you may be able to write-off immediately include Navigation, Bluetooth, Reverse Camera, Reverse Sensors, Car Alarm, DVR Recorder etc.
Come into SSV Street Sound & Vision before 30 June and make the most of this opportunity to improve your vehicle and save on your next tax return!