The Government will introduce a temporary investment allowance to encourage Australian businesses to undertake capital investment.
The Government has announced an investment tax break for business.
The tax break, in the form of an investment allowance will provide:
* an additional tax deduction of 30 per cent of the cost of eligible new depreciating assets acquired under a contract, or started to be constructed, after 12.01am AEDT 13 December 2008 and before the end of June 2009 and installed ready for use by the end of June 2010.
* an additional tax deduction of 10 per cent of the cost of eligible new depreciating assets acquired under a contract, or started to be constructed, between 1 July 2009 and 31 December 2009 and installed ready for use by the end of December 2010.
New expenditure on existing assets may also qualify.
For both periods, small businesses will be able to claim the deduction for eligible assets costing $1,000 or more. Small businesses must have a turnover of less than $2 million a year to qualify.
For other businesses, a minimum expenditure threshold of $10,000 applies
Eco-Efficiency program MTA NSW is running this environmental awareness program in NSW and the ACT for the benefit of members.» read more
Pro-Visual Publishing Pro-Visual Publishing produce and distribute Information Resource Charts for various industry bodies throughout Australia and internationally.» read more
Motor Websites Motorwebsites is a web design business that specializes in creating & implementing small to medium sized websites for all types of businesses and purposes though we mostly specialize in the automotive trade and are based in Sydney.» read more
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area of the MTA Website.
Login details can be seen on the top left of your membership renewal payment advice form beneath our MTA logo, or on your Membership Certificate.
Username - first seven letters of your Trading Name including any spaces or commas as a character i.e. M & T MOTORS entered as M & T M (7 characters including spaces)
Password - is your MTA seven digit membership number as it appears on your membership renewal subscription form or certificate including commas.
i.e. 8,000,001
Every business in the Motor
Industry Benefits from Membership
The MTA provides its members with a large variety of benefits that can reduce business expenses as well as assisting businesses in operating more profitably.
The benefits of membership are many and varied and membership fees are 100% tax deductible. www.mtansw.com.au
