1800 30 61 61

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EOFY Update - claim your instant asset write off up to $150K and save 27.5% on your tax bill*

THE 150K INSTANT ASSET WRITE OFF EXPLAINED

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EYELET MACHINES AND SPIKE MEASURING TOOL OPTIONS AVAILABLE PURCHASE NOW AND CLAIM IT BACK ON TAX BY THE END OF FINANCIAL YEAR

"Now is a great time to get the best of both worlds! Minimise tax and increase operational efficiency! With the purchase of the Evolution eyeleting machine, a $8,251 new machine, we saved $2,269 on this year’s tax bill " 

JESSICA
Accountant

"While our staff are all working from home, we decided to work on both sales and operational aspects of our business. I loved the clear feature of the eyelets for our sales team; 3 benefits which will take the sales conversation away from the price. The automatic hoppers on the machine was the extra tick we needed for operations!"

GERARD
Business Owner

ASSET WRITE OFF CASE STUDY

THE SITUATION

Amanda and Brett have been running an SME sign manufacturing business for the last 8 years and now employ 10 staff.  The business has gone from strength to strength and they are producing large quantities of vinyl banners, sheet signs and fabric prints for customers in a range of industries.  Their current machine is unreliable with variable quality and requires more maintenance and downtime. 

THE SOLUTION

They have some spare cash and decide to invest in a high quality Evolution automatic eyelet press costing $8,251.10 plus GST.  They are able to claim this item under the instant asset write off rules up until 31st December 2020 which means they can claim a deduction for 100% of the cost. 

THE NET RESULT

The upgrade of their equipment will improve quality, increase efficiency and increase revenue.  They will use the instant asset write off and will save themselves $2,269.05 off their tax bill. 

WHY CHOOSE EUROTECH?

Australian Owned & Operated

Same Day Dispatch

25 Year Warranty*

FREE Delivery for Web Orders

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FILL IN YOUR DETAILS AND ONE OF OUR PROFESSIONAL TEAM WILL CONTACT YOU

1800 30 61 61

CALL US TODAY!

EOFY Update - claim your instant asset write off up to $150K and save 27.5% on your tax bill*

*Disclaimer: Note: This is assuming the business is an SME business paying tax at 27.5% and will have tax payable related to the year ended 30th June 2021.  This is general advice only and does not constitute financial or tax advice.  You should obtain specific advice tailored to your situation from your Accountant or Tax Agent. 

Our product options to help save operating costs

EYELET MACHINES

RITEROLLER EASY FLATBED APPLICATION TABLE

SPIKE MEASURING TOOLS

FOR YOUR SIGNAGE BUSINESS

FINANCIALS

SCENARIO ONE

SCENARIO TWO WITH 100K UPGRADE

TAX SAVING

Turnover

5,000,000.00

5,000,000.00 

Cost of good sold

3,500,000.00

3,500,000.00 

Gross Profit

1,500,000.00

1,500,000.00

Expenses

1,000,000.00

1,100,000.00

Profit Before Tax

500,000.00

400,000.00

Tax at 27.5%

137,500.00

110,000.00

$2,269.05

DOWNLOAD OUR 150K ASSET WRITE OFF GUIDE

AMANDA & BRETT MANAGED TO SAVE $2,269.05!

DOWNLOAD OUR 150K ASSET WRITE OFF GUIDE

FIND OUT HOW YOU TOO CAN SAVE ON ELIGIBLE PRODUCTS