2020 Iveco Daily 50C21

Just arrived, brand new Iveco daily 50C21. Powerful 205HP turbo diesel engine, smooth changing 8 speed full automatic transmission, Electronically Controlled Rear Airbag Suspension, Driver controlled diff lock, dual sliding doors, rear barn doors with windows, Driver and passenger suspension seats, walk through cabin, business and comfort pack including 2 DIN multi media unit, sat nav and reverse camera. Factory painted in Bright Metallic Grey. 12m3 capacity, 3520 wheel base. We deliver Australia wide, finance available to approved purchasers, mention this add to receive your free
pack with every vehicle purchase. Call Troy or Trevor today,
Federal Government Budget 2020 - 2021
Instant Asset Write-Off

Eligible businesses for the Instant Asset Write-Off (IAWO) will include those with an aggregated annual turnover of less than $5 billion (up from $500 million). The IAWO applies to those carrying on a business and can be applied to the full cost of a new vehicle, with no threshold. An immediate tax deduction will be available on delivery for new vehicles delivered between 6 October 2020 and 30 June 2022.

For businesses with an aggregated annual turnover less than $50 million, IAWO will apply to the full cost of all New or Used vehicles, with no threshold (previously $150,000), providing it is purchased within carrying on a business. An immediate tax deduction will be available on delivery for all new and used vehicles delivered between 6 October 2020 and 30 June 2022.

Businesses with an aggregated annual turnover between $50 million and $500 million can still apply the IAWO measures announced in August 2020 with a threshold of $150,000 (excluding GST), towards second-hand vehicles/trucks purchased and delivered by 30 June 2021 (previously 31 December 2020).

Please refer to the following link and seek further independent professional tax advice for your own financial circumstances: https://www.ato.gov.au/General/New-legislation/The-Australian-Government-s-Economic-Response-to-Coronavirus/

Contact us today to discuss your options.