Small business investment allowance - 50% tax deduction on Capital expenditure. 2008/09/10

Stor-Co Mini Storage Systems has products that may be eligible for tax relief as is currently allowed in some instances in the new Federal Government’s tax legislation, with some businesses being able to claim up to 50% tax deduction on new plant and equipment as defined in the Income Tax Assessments acts.

Call your accountant or taxation adviser to find out how this new legislation could affect your business.

Also you could visit this helpful link on the Australian Tax Office’s website-

http://www.ato.gov.au/taxprofessionals/content.asp?doc=/content/00175431.htm