and your tax position
Update your company’s devices with Brennan IT to qualify for the government’s newly increased instant tax write-off (up to $30,000 per item).
The government recently increased and extended its instant asset tax write-off. Now, if you upgrade your workplace devices with Brennan IT before 30 June 2019, you could qualify for an instant asset tax write-off of $30,000 per item this year. Or, plan ahead and upgrade by 30 June 2020 to qualify for next year.
Eighty-two percent of workers say their workplace’s technology would influence them in deciding whether or not to take a job.¹ So, when it comes to employee experience, keeping your workplace technology up-to-date is no longer optional, but a necessity.
How Brennan IT Product can help
Our experienced and expert team can:
Is my business eligible?
To qualify for the instant asset tax write-off, your business must:
Have your devices purchased and installed, as well as either first used or ready for use, before 30 June 2019 to be deductible this year (or before 30 June 2020 to be deductible for next financial year).
Have a group turnover of less than $50 million per year.
1. Microsoft, 2018, Employee Experience – a new imperative for workplace information.
Please note that the financial information provided above is general in nature, and you should seek independent professional advice from your accountant or tax agent before making a decision.