Beat the tax changes

taxblogThe government has flagged its intentions to reduce the instant asset write-off threshold from $6500 down to $1000 effective from the 1st January 2014. This means that once the legislation goes through, the immediate tax deduction available to small business operators will be limited to just $1000. All is not lost however, you can beat this change by ordering your equipment now so as to ensure it is delivered prior to the 31st December 2013. A $6500 tax deduction is a serious bonus so perhaps right now is the time to be ordering that new Camera, Monitor or Printer.