"Cascadia 126 36
sleeper cab equipped with the latest safety technology Detroit Assurance 5.0 including Lane Assist, Side Guard Assist, Active Brake Assist, Adaptive Cruise Control, Auto Head Lamps & Wipers.
Do you need Finance? Our in-house Finance Manager can help! We have a large range of lenders to customise a finance package to suit your needs with quick approvals and hassle free finance to get you on the road in your new vehicle sooner. Contact us for a no-obligation quote or to arrange pre-approval.
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 seek further independent professional tax advice for your own financial circumstances.
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