Rural Stimulus Package $150K Tax Write Off!
Take advantage of the Australian Governments rural stimulus package and upgrade your farm, machinery, storage or equine shed to a new Ranbuild shed today.
As part of the stimulus package rural businesses will see an increase in the instant asset write-off threshold from $30,000 to $150,000 (ex GST). The measure will be extended to include businesses with aggregated turnover of less than $500m.The increase in the instant asset write-off threshold will only be available until June 30, 2020, so request a quote for a new farm shed today.
The government also announced the introduction of a limited time 15-month investment incentive.The incentive will run through to June 30, 2021 and will enable rural businesses with a turnover of less than $500 million to deduct an additional 50 per cent of the cost of an eligible asset in the year of purchase.
There’s never been a better time to upgrade to a new Ranbuild farm shed and take advantage of the rural stimulus package. So request a quote or contact your nearest Ranbuild dealer today to discuss your new Ranbuild rural shed.
It’s not just a shed, it’s a Ranbuild.