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Rands Financial Services

3 Tax Time Benefits to maximise your end of financial year small business success.

Do you want to maximise your tax time benefits with Rands Financial Services
Ready for EOFY
We are getting closer to that busy time of the year again: Tax Time.
If you are a small business, it’s time to balance the books, organise your receipts and go shopping!The Government’s $20,000 tax deduction initiative is one of the best tax breaks for small businesses in Australia and a great excuse to do some shopping. In a nutshell, businesses can buy and instantly write-off items of machinery or equipment for use in their business, provided the asset costs less than $20,000 and was purchased between 12 May 2015 and 30 June 2018.
It’s important to note that the benefit is only applicable if you qualify as a small business entity.
Rands Financial Services helps you maximise your 2018 tax time savings with discounts across a huge range of tax deductible items such as office furniture, kitchen equipment, laptops, printers, tablets, and more.
The $20,000 limit applies to each individual item, and you can apply it to as many items as you want.
Call us to find out how you can benefit.
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