Why Buy Equipment Before December 31st?

You may be looking at ways to minimise your tax while getting the benefit of new equipment to help your business. One way to do this is by taking advantage of the Instant Asset Write Off (IAWO) for businesses.  

The IAWO lets businesses with an annual turnover of up to $500 million write off 100% of the cost of new vehicles and equipment with a cost up to $150,000 each*. Additionally, businesses can also take advantage of low interest rates and special offers, making it a great time to invest.

Key Benefits of the Instant Asset Write Off 

  • Save on tax
  • Update equipment 
  • Finance over time, helping cash flow

Business Case Scenarios 

Below are 2 scenarios of not buying vs buying under the Instant Asset Write Off scheme, such as a $35,000 piece of equipment: 

Scenario 1: Not to Buy*

$50K net profit 
Company tax rate = 27.5% 
Tax to pay = $13,750 

Scenario 2: Buy a $35K piece of equipment*

$50K - $35K = $15K 
Company tax rate = 27.5% 
Tax to pay = $4,125 
SAVING = $9,625 + brand new equipment 

Current Specials

Click here to discover the current Roland DG and DGSHAPE specials or contact Roland DG on 1800 500 119. 

Finance Your Equipment and Save 

To find out more about financing your equipment purchase through Roland Rental, contact the friendly Ecolease team today on 1300 322 092

*Seek independent advice from your tax agent or accountant.