As the End of Financial Year (EOFY) approaches, it’s the perfect time to upgrade your business equipment and take advantage of financial opportunities. Set Up Finance is here to help you secure the right loan while leveraging the Federal Government’s FY23-24 instant asset write-off scheme. This scheme allows businesses with an annual turnover under $10 million to claim immediate deductions on eligible assets each worth up to $20,000, if delivered and ready for use by June 30, 2024.
Why Consider EOFY Financing?
EOFY financing provides a strategic advantage for businesses aiming to maximise their tax benefits and enhance operational efficiency. By investing in new equipment, you not only improve productivity but also benefit from significant tax deductions. This financial move can help in balancing the books and ensuring that your business starts the new financial year on a strong footing.
What Can You Finance?
Our EOFY financing options cover a wide range of business assets, including:
· Construction Tools
· IT Equipment
· Machinery
· Gardening and Agricultural Equipment
· Coffee Machines
· Medical and Manufacturing Equipment
· Tailored Financing Solutions
At Set Up Finance, we understand that every business has unique needs. That’s why we offer personalised financing solutions designed to match your specific financial situation. Our process is streamlined and hassle-free, providing you with no obligation quotes and ensuring no impact on your credit file. We work with you to find the best possible deal, making it easier for you to focus on growing your business.
The Benefits of Acting Now
Taking action before the EOFY deadline of June 30th means you can take full advantage of the instant asset write-off scheme. This can lead to significant tax savings and provide a much-needed boost to your cash flow. Additionally, upgrading your equipment can lead to improved efficiency and productivity, giving your business a competitive edge.
Don’t miss this opportunity to boost your business capabilities and enter the new financial year stronger than ever. Contact our friendly team at 1300 313 354 or visit our website for more details. Our experts are ready to assist you in navigating the financing process and ensuring you make the most of the available tax benefits.
Get in touch with us for comprehensive information specific to your situation.
Terms and conditions apply. Please consult your accountant for eligibility and benefits under the instant asset write-off scheme.
