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26 May 2016

EOFY Booth Bonus

It’s that time of year again, the end of another financial year and the announcement of the new budget. Small business are once again the big winners, particularly if you’re in the market to buy a new Photosnap Photobooth!

Our Photobooths are counted as a capital expense, and can be included in the immediate asset tax write off scheme from the Federal Government.  That’s a massive win for small businesses across Australia!

Expand your service offering with new products like the Photosnap Intsaprinter!

Here’s how it could work for you:

  • Brand new Photosnap Photobooth Equipment = $12,000 (inc. GST)
  • GST rebate of $1,090
  • Tax rebate at June 30 2016 = $3,200*
  • That’s $4,290 that could be staying in your own pocket!

Depending on your tax bracket and company status (sole trader vs. company, for example), your rebate could be even higher!

In a nutshell, if you’re an actively trading business with a turnover of under $2 million, when you buy a photbooth you could claim it as an upfront tax deduction, rather than depreciating it over time.  This may also include many of our optional extras, like new roadcases, the Instaprinter, social media kiosk, ‘Hollywood’ red carpet and curtains package, and more.

We also have an incredible discounted finance offer available now, exclusively for Photosnap clients who want to take advantage of the budget tax concessions.  

Email us now to find out more!

*Of course, we recommend you check with your Accountant, but we’ve spoken to ours and he’s pretty excited!

What now?