Posts Tagged ‘investment allowance’

Thursday, September 3rd, 2009

Investment Allowance – Reminder of 31 December 2009 Deadline

As reported in our last newsletter, the federal government introduced an investment allowance for businesses that purchase new plant and equipment.  The allowance would enable businesses to claim an extra tax deduction equal to 50% of the cost of the new plant and equipment. (more…)

Sunday, May 24th, 2009

Investment Allowance – How Does it Apply to Cars

For small business operators interested in buying new cars, the new investment allowance will be of interest to you. (more…)

Sunday, May 24th, 2009

Investment Allowance – Extra incentive for Small Business

As reported in our last newsletter, the federal government announced in December 2008 an investment allowance would be made available for businesses that purchase new plant and equipment.  The allowance would enable businesses to claim an extra tax deduction as a percentage of the cost of the new plant and equipment. (more…)