Central Coast Motor Group - $5000 Small Business Tax Break

With small business in mind the Government has announced that during this year's Federal Budget small businesses can now claim up to $5,000 as an immediate tax deduction for motor vehicles purchased from July 1 2012.

This change in legislation is in addition to the current tax depreciation rules and is designed to provide additional financial support for small businesses.

To be eligible for the $5000 Small Business Tax Break;

• Your business must be recognised as a small business entity (aggregated annual turnover of less than $2 million)
• Your new vehicle must be purchased after 1 July 2012.

To take advantage of this great offer contact Central Coast Motor Group today!

*For eligible businesses only. This deduction can be claimed on your tax return. Central Coast Motor Group does not provide tax advice - please consult your financial adviser to see if you qualify. For more information on the Accelerated initial deduction for motor vehicles visit http://www.ato.gov.au/taxprofessionals/content.aspx?doc=/content/00295002.htm&pc=001/005/054/002/012&mnu=0&mfp=&st=&cy