Boost your sales, help your customers - Accelerated Depreciation

Don’t miss out on a big opportunity to boost your sales between now and the end of the financial year.

Accelerated Depreciation – cash flow benefits

Don’t miss out on a big opportunity to boost your sales between now and the end of the financial year.

Back in May 2015, The Honourable J.B. Hockey MP announced the Small Business package designed to energise the sector as part of the Federal Budget.

Most notably, the Accelerated Depreciation measure allowed any eligible small business (annual turnover <$2million) to claim an immediate tax deduction for each and every item they purchase up to $20,000 before 1 July 2017. Eligible assets include cars, vans, solar panels, machinery, printers, IT equipment, point-of-sale systems, specialist equipment and much more. And it applies to new and old assets used for business purposes.

FlexiCommercial would like to help you help your customers take advantage of this opportunity before it disappears and have made some promotional material available to you which can be downloaded.


Download tools and information

Download the helpful point of sale communications now and start boosting your sales today.


Benefits

For sellers

  • Increase your 4th quarter sales
  • Boost financial year profits
  • Engage positively with your customers
  • Create loyalty and increase potential of repeat purchase

 

For customers


They can buy now, enjoy the benefits that new equipment brings to their business knowing that they can claim an immediate tax deduction on the full depreciation amount. And there is no reason why they cannot extend the benefits by purchasing more than one asset. The cash flow benefits can really add up:

Tax deductions^
Number of Assets Purchase Price Purchased after
June 30
Purchased before
June 30
Additional Cash Flow Benefits^
1 $20,000 $1,500 $6,000 $4,500
2 $40,000 $3,000 $12,000 $9,000
3 $60,000 $4,500 $18,000 $13,500

Illustrative purposes only, full details are available at the ATO website.

And by choosing a FlexiCommercial equipment finance solution* the upfront cost can also be spread over the term of the finance arrangement.

Download the helpful point of sale communications now and start boosting your sales today.

 

For more information call us on 1300 340 447.

 

 


 

*Credit approved applicants only; fees, terms and conditions apply. ^Cash flow benefit equals depreciation times the tax rate at 30 per cent. Tax deductions assume 12 months usage and a 7.5% depreciation rate. FlexiCommercial do not provide financial advice. You should obtain your own financial advice on the tax and accounting treatment of any finance solution you choose.