Finding the Positives
In this time of financial, climate and health worries, it’s important to seek out the positives and accept all offers of help – Scomo’s no longer shaking hands.
He’s now splashing cash, announcing business cash grants of up to $25K, an increase in the instant asset write off threshold from $30K to $150K until 30 June 2020 and an up front 50% tax deduction on purchase price of new assets until 30 June 2021.
Subsidies for trainees/apprentices, cash for pensioners and even the ATO will be required to cut some slack in some regions.
Want to get in for your share of Sco-mo-ney? Please ask your friendly Halletts team member!