Changes to Small Business Tax for 2012
There have been some exciting changes to small business tax, due to take effect on July 1, 2012, including instant asset write offs and simplified depreciation.
Instant asset write offs for small businesses (less than a turnover of $2 million) have increased from $1,000 to $6,500.
Depreciable assets costing more than $6,500 may now be depreciated in a single pool at a rate of 30%.
How this benefits you as a small business owner
It now makes more financial sense than ever to invest in new assets that will add real value to your business! Increase your overall revenue by purchasing quality new equipment to expand your repertoire of treatments.
Check out our wide range of cosmetic, dermatology, cardiology and infection control innovations to see how you can add value to your business today!
Equipmed
Equipmed was established in Australia in 1984, and has grown into a significant, independent distributor of innovative cosmetic, dermatological, disinfection and cardiological equipment. The global reach of the company now extends to New Zealand, Europe and the United States.