Get up to $20,000 deduction on each piece of equipment.

With the release of the 2015 budget it’s all smiles for small businesses with the government initiating an estimated $5.5 billon bonanza focused around generous tax breaks to stimulate the economy and help 2 million small businesses, dentists included.

Effective immediately all small businesses will get an immediate tax deduction for any individual assets they buy costing less than $20,000. (Previously, the threshold sat at $1,000). As this policy is now active you can take advantage of this generous deduction on this years tax return and buy new dental chairs, x-rays, autoclaves, compressors and other dental equipment this financial year. With new tools and equipment you and your staff can do a better job more effectively and efficiently saving you time and money.

This $20,000 limit applies to each individual item. So we can invoice each piece of equipment on a separate invoice to ensure you claim the deduction on as many items as you wish. The arrangement is estimated to end in 2017. What new equipment does your practice need?

Call Dentec on 1800 88 44 44.  

Learn more:
Budget 2015 Website
News.com.au