Lan 1 informs resellers of Rudd's 50 percent tax break for SMBs

May 18, 2009 9:31 AM
Filed under Finance

Local distributor wants itS channel partners to take advantage of the financial incentives the Federal Government is offering small to medium businesses.

Lan 1 has put together a document to assist partners with understanding their entitlements. Further information can be obtained by visiting or consulting your accountant.

The distributor states in a newsletter to resellers, the Rudd Government will provide another major boost to its highly successful 'Small Business and General Business Tax Break', providing stimulus to support jobs and help small businesses finding it tough in the global recession.

Small businesses will now be able to claim a bonus tax deduction of 50 percent - up from 30 percent previously ­of the cost of eligible assets acquired between 13 December 2008 and 31 December 2009, and installed by 31 December 2010.

The distributor stated these incentives can be applied to just about anything available from Lan 1 including telephone/VoIP systems, CCTV and surveillance equipment and more. 

 
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