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Support for business investment

Support for business investment

The government is loosening the criteria around the instant asset write-off. Pre-Coronavirus, businesses with a turnover of up to $50 million could instantly write-off the purchase of assets costing up to $30,000. Post-Coronavirus, businesses with a turnover of up to $500 million can write off asset purchases of up to $150,000.

Contact the Centaur Financial team if you would like assistance in determining your eligibility for these initiatives or if you have any other questions we can assist with.

 

As always, if you would like to discuss the contents of this newsletter please give us a call 07 5559 5760.

Centaur Financial Services

Centaur Financial Services work as your partner, helping you navigate through the financial ups and downs life throws at you. First, it starts with your goals. Then it’s a lifelong commitment to achieving short, medium and long term objectives through a range of financial strategies and structures.

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