EOFY – End of Financial Year is just around the corner.
Many of you would be aware of the changes made by the Government in relation to the instant asset write-off threshold which has increased to $20,000 (up from $1,000). Further information in relation to this can be found on the ATO website at https://www.ato.gov.au/Newsroom/smallbusiness/Lodging-and-paying/Instant-asset-threshold-increase-to-$20,000-now-law/
This is the time of year that accountants all over the country advise business owners to go out and purchase essential items before the 30 June deadline (please read disclaimer below).
So to beat the rush of the End of Financial Year madness, start looking at your IT needs now. Stock just walks out the door at this time of year. Get in touch with us now for a quote for all your IT needs.
(Disclaimer: We at Xen Technologies Pty Ltd are not accountants or financial advisers and are not providing advise in relation to financial, monetary or spending for any business/business owner. We are providing general discussion in relation to these issues. We strongly suggest that you contact your own advisers/accountant for specific advise.)