The Federal Government have announced a 30% depreciation allowance, which was applicable for businesses satisfying the following:
Small businesses (annual turnover of $2 million or less):
- Should make a capital purchase worth $1000 or more before June 30, 2009
- Have it installed by June 30, 2010
Medium to large businesses (annual turnover greater than $2 million):
- Should make a capital purchase worth over $10,000 before June 30, 2009
- Have it installed by June 30, 2010
Following are the suggestions to take advantage of this offer:
There are two ways to make the most out of this offer with Matthews Intelligent Identification .
Outright purchase
An order placed with Matthews before June 30, 2009 will be eligible for the allowance. If users do not require the equipment, a delayed delivery date can be arranged for any time to June 30, 2010. All that is required is an initial 10% security deposit.
Financing
Alternatively, a finance option is available. Payment of the first finance installment made before June 30, 2009 on equipment will become eligible for the allowance. This is all that is required to obtain the entire additional depreciation allowance for the total installed price of the equipment.