50% TAX DEDUCTION

Your business may be eligible for the Australian Government's 50% tax deduction on vehicle purchases.

The Federal Budget on 12th May 2009 proposed a 50% concession for small businesses (annual turnover less than $2m) that would provide a one-off additional income tax deduction.

Click here for more information from BDO Kendalls. For specific advice as to whether this applies to you, please talk to your tax advisor.