2009 Budget - Good for Amusement Industry

[mmk]

The 2009 budget has included an increase in small business investment tax breaks from 30% to a whopping 50%. Capital investment must be done before the end of 2009 to take advantage of this tax advantage.

See http://www.smartcompany.com.au/tax/smal ... to-50.html

Definitely an incentive to ride owners who are looking at purchasing new rides. Food for thought................

[Vee]

It should apply to services like web design, which unfortunately are considered expenses rather than assets. A lot of businesses would benefit from marketing & advertising services than buying a Falcon.