| Small businesses should delay purchasing new equipment if it costs greater than $1,000 and less than $6,500 until 1 July 2012. This will utilise the accelerated write-off available in the 2013 financial year. |
| Small Businesses should delay purchasing any motor vehicles until 1 July 2012 so as to utilise the accelerated write-off of $5,000 available in the 2013 financial year. |
| Stock up on consumables and prepay subscriptions and rent. Note that businesses not in the “Small Business Regime” may only claim prepayments less than $1,000 |
| If vehicles are due for servicing, do this before June 30. |
| Provide staff bonuses as gift cards (gift cards less than $300 are tax and FBT free) |
| Write off bad debts before 30 June |
While enjoying a great breakfast, learn how to Maximise Your Tax Refund – network and learn.
Presented by the Casey Cardinia referral Network (CCRN) come and hear how to Know your rights and stand your ground!
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