BUSINESS INVESTMENT AND HELP SUPPORT OTHERS IN YOUR COMMUNITY IN THESE CHALLENGING TIMES

The Federal Government has outlined new measures in a stimulus package in an effort to boost the economy and save jobs. At Frankston Hyundai we want to help support the Federal Governmenat measures to drive Business Investment to boost the economy and save jobs. We are a little different at Frankston Hyundai. We also want to provide an opportunity to help others in your community at their most challenging time. The Federal Government will now allow you or your business to purchase any or multiple units of our New or Used Hyundai vehicles and write off 50% by June 30 this year. The following measures are designed to assist Australian businesses and economic growth in the short term:

INCREASING THE INSTANT ASSET WRITE-OFF

  • Threshold increased from $30,000 to $150,000
  • Applies to businesses with aggregated turnover of less than $500 million
  • The $150,000 threshold applies on a per asset basis so eligible businesses can immediately write-off multiple assets
  • Applies to the purchase of multiple New & 2nd Hand vehicles supplied and delivered before 30th June 2020.

You and your business get the benefit, not the taxman!

As a family business, we are also feeling these challenging times but we want to help!

As a part of your tax saving vehicle purchase at Frankston Hyundai you can nominate any person, family or local charity you want to help and we will arrange and provide them with a $200 donation from you or your business.

It's your opportunity to beat the taxman and save on tax whilst helping others in your community.

Our team are driven to exceed our Customers Hyundai vehicle needs. They are available to provide you with specific vehicle product advice and solutions.

Enquire to learn more.

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Important: This is not advice. Clients should not act solely on the basis of the material contained in this Bulletin. Items herein are general comments only and do not constitute advice per se. Also changes in legislation may occur quickly. We therefore recommend formal financial advice be sought.