Reduce your 2018 Tax Bill!

Reduce your 2018 Tax Bill!

19 June 2018

End of Financial Year is less than two weeks away now, meaning you have just enough time to plan those last minute tax savings.

Did you know the Government has extended the immediate deductibility threshold for small businesses? This means that if your small business has an annual turnover of less than $10m, you could be eligible to make an immediate tax deduction for the business portion of most assets if they cost less than $20,000 each and are purchased before 30 June 2018. Read more about your possible tax savings here. 

This is a great time of year to consider the First Aid needs of your business, such as ensuring you have enough First Aid kits and defibrillators available to your workplace.

If you would like to find out more about purchasing a defibrillator for your small business before 30 June 2018 and saving on your tax bill, email supplies@stjohnsa.com.au for our EOFY special offer.

We always recommend consulting your financial advisor for advice specific to your situation.