Investment allowance deadline 31 December 2009

If you're planning to invest in new business assets in the coming months, consider taking advantage of the Small Business and General Business Tax Break before the 31 December 2009 deadline expires.

The Small Business and General Business Tax Break also known as the Investment Allowance, is an extra immediate tax deduction for the cost of investing in new tangible business assets. 

To be eligible for the deduction, the commitment to invest in the asset must be made between 13 December 2008 and 31 December 2009, and be installed ready for use by 31 December 2010. 

For more details about the Investment Allowance click here... or contact our offices on 03 9869 5900.

If you're considering obtaining finance for business or other investments or would like to review your current facilities in light of recent interest rate increases, let MPR Finance do all the hard work for you. 

Russell Sharp will assess your options, find the most cost effective option and assist with obtaining a swift approval. 

As of 1st January 2010, it will be mandatory to provide the banks with 2009 completed business and personal financial statements, to support any new loan applications.  If you think that finance may be required in the New Year it is best to have your 2009 statements finalised prior to application. 

To ensure you have the funds you require for the New Year start the process now, contact Russell by mobile 0437 074 547 or email us.