You will find some great offers here. Please check back as new offers are regularly advertised. Please contact your local Toyota Material Handling branch for more information.
Right now score a great Toyota Huski end of financial year deal plus a free standard 4-in-1 bucket on the 4SDK4 or 5SDK8 Huski models. Open cabin models only. Terms & conditions below, contact us for more information.
#Terms and Conditions:Toyota Material Handling Australia (TMHA) free bucket offer applies to open cabin Toyota 4SDK4 and 5SDK8 models only. Does not apply to air conditioned cabin machines. Digga bucket is standard 4 in 1 bucket with no teeth or blade. Applies to current stock units only which must be ordered by 30th June 2020 and delivered by 31 July 2020. Offer cannot be redeemed for cash and only whilst stock lasts. TMHA reserves the right to change or withdraw the offer without notice. Images used for illustration purposes only.
Using the instant asset write-off, you can claim a deduction for each asset that costs less than the threshold that applied when the asset was first used or installed ready for use. Different thresholds apply, so make sure you check which one applies to your asset:
BENEFIT — deduction of 50 per cent of the cost of an eligible asset on installation, with existing depreciation rules applying to the balance of the asset’s cost;
ELIGIBLE BUSINESSES — businesses with aggregated turnover below $500 million; and
ELIGIBLE ASSETS — new assets that can be depreciated under Division 40 of the Income Tax Assessment Act 1997 (i.e. plant, equipment and specified intangible assets, such as patents) acquired after the announcement and first used or installed by 30 June 2021. Does not apply to second-hand Division 40 assets, or buildings and other capital works depreciable under Division 43.
On your tax return, claim your instant asset write-off deduction under 'Small business entity simplified depreciation'.
The usual rules for claiming deductions still apply. You can only claim the business portion of the expense, and make sure you have records to prove it.
Assets that cost more than the relevant threshold can't be immediately deducted. You can deduct them over time using the small business pool.
Until 30 June 2020, businesses with a turnover from $50 million to less than $150 million can also use the instant asset write-off.
Remember, registered tax agents can help you with your tax.
*For more information visit - https://treasury.gov.au/coronavirus/business-investment OR read more, here, Fact Sheet: Economic Response To The Coronavirus
Please note: The information provided is of a general nature and does not take into account your personal needs and financial circumstances. Nothing constitutes or should be considered to constitute legal, taxation or financial advice. Before making a decision about any of the products or services featured, you should consult with your own independent legal, taxation and financial advisors, who can advise you about your personal circumstances.