Temporary Investment Allowance a boost for business

By Guest Author · 13 January 2009 · Cashflow

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Summary

The Government’s temporary Investment Allowance, announced in December, is a positive move for the asset finance industry and the broader economy. The ten percent investment allowance, in the form of an additional tax deduction, effectively provides the owner of new assets purchased with an upfront additional tax deduction of ten percent of the asset cost […]

Tags: Business Investment, Business Owner, Capital Allowance, Finance Industry, Government Contracts, Investment Allowance, Tax Deduction