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SEW energy saving micro-site
06.05.2009
Learn more about claiming the 30-50% capital investment allowance with your next purchase from SEW-EURODRIVE
 
News

No doubt by now you've seen all the press on the federal government's proposed 30% investment allowance on capital equipment. No doubt you've seen countless emails, advertisements and letters cross your desk reminding you of it. No doubt it's crossed your mind, that if you're ever going to get that new piece of equipment, that expansion, or that upgrade approved in this current economic climate, now is the time.

 

This is the kind of deal you can't negotiate. A 30% tax deduction. Flat. Just like that. No questions asked. What's more, the federal government have just announced a further 20% deduction for small businesses, and extended the order cut-off date to December 31, 2009.

 

Yet despite ALL of this, at SEW, we've made it better.

 

We're helping you save long after the end of financial year bell rings. How? We're doing it through energy efficient products, complete energy saving solutions, and energy consulting.

 

Our energy saving solutions might as well be called money saving solutions, because that's what they'll do for you. While you save 30-50% right now thanks to Mr Rudd and Mr Swan, SEW-EURODRIVE's energy saving solutions will help you to save much much more into the future, and help your business in the recovery from the current downturn.

 

SEW-EURODRIVE's dedicated microsite, http://www.sew-eurodrive.com.au/microsites/energy-saving/ explains how in many cases, your investment can be realized within 12 months, thanks to the extensive energy savings on offer.

 

When you think about it, it's an investment into your company's future. So when you're getting quotes on your next palletising machine, conveyor system, packaging machine or storage and retrieval system, ask for an SEW-EURODRIVE energy efficient solution.

 

But you'll have to act fast, the 30% investment allowance is only available for large businesses for orders made before June 30, 2009.

       

Investment Allowance Criteria:

             

Large businesses (annual turnover greater than $2mil per annum):
· Investment allowance is 30%
· For new & demonstrator assets only (not used)  
· The cost price must be over $10,000 
· Acquired or ordered between 13th December 2008 and 30th June 2009
· Eligible capital equipment only
· Installed & ready for use by 30th June 2010

                         

Small businesses (annual turnover less than $2mil per annum):
· Investment allowance is 50%
· For new & demonstrator assets only (not used)
· The cost price must be over $1,000 
· Acquired or ordered between 13th December 2008 and 31st December 2009
· Eligible capital equipment only
· Installed & ready for use by 31st December 2010

                      

Note: For large businesses, a lesser 10% allowance is available until 31 December if the 30 June 2009 order deadline is missed. This is essentially a 6 month extension on both order and delivery deadlines.

                           

For further clarification, and to find out if your business is eligible, speak to your accountant.