The $150,000 instant asset write-off still applies on all new and second hand assets!
The instant asset write-off is a tax deduction measure that allows eligible businesses to immediately deduct the cost of eligible assets. This measure has been a lifeline for many businesses, as it helps them invest in assets that lift productivity and save time in the workshop.
The current instant asset write-off scheme is set to end on 30th June 2023, which means that businesses have a limited window of opportunity to take advantage of this measure.
Businesses that have an annual turnover of less than $50 million are eligible for the instant asset write-off.
All tools are an asset – All tools can be claimed!
UTTCO offers a wide range of products designed to help businesses work more efficiently, accurately and safely, and therefore are a great investment.
Some of our most popular tools include:
– Hole Punchers:
Hydraulic Hole Punchers
Battery Hole Punchers
AP Punching Machines
– Crimpers:
Hydraulic Crimpers
Battery Crimpers
– Cable Cutters:
Hydraulic Cable Cutters
Battery Cable Cutters
– Switchboard Builders Tools:
Din Rail Cutters
Slotted Duct Cutters
– Busbar Machines:
Busbar Bending Machines
Busbar Punching Machines
Busbar Cutting Machines
Busbar Processing Stations
To invest in quality tools like ours and take advantage of the instant asset write-off, contact our friendly sales team today!
Call us on (03) 5579 5841 or send an email to sales@uttco.com.au.