Did you see this!!!! Take note for those that have been contemplating an A1 Quilting machine or adding the Intelliquilter to your existing business….you can take advantage of the recent announcement from the Australian government and maybe expand your business for less than you realise? Please consult with your accountant for all decisions that you make concerning this offer from the ATO.
The Intelliquilter has only a 3 week delivery and we have A1 Professional packages on hand for you!
Investment Allowance: small business and general business tax breakTo view more information visit the ATO website
The Government has announced an investment tax break for business.
The tax break, in the form of an investment allowance will provide:
- an additional tax deduction of 30 per cent of the cost of eligible new depreciating assets acquired under a contract, or started to be constructed, after 12.01am AEDT 13 December 2008 and before the end of June 2009 and installed ready for use by the end of June 2010.
- an additional tax deduction of 10 per cent of the cost of eligible new depreciating assets acquired under a contract, or started to be constructed, between 1 July 2009 and 31 December 2009 and installed ready for use by the end of December 2010.
New expenditure on existing assets may also qualify.
For both periods, small businesses will be able to claim the deduction for eligible assets costing $1,000 or more. Small businesses must have a turnover of less than $2 million a year to qualify.
For other businesses, a minimum expenditure threshold of $10,000 applies.
Sharon Schamber is visiting Australia in May 2009 and will be teaching some classes. The classes for Sharon have been filled very quickly, but I am taking names for the waiting list if anyone needs to drop out! There is space to attend her evening lecture on 'Her Quilting Journey' on Saturday 23rd May however. This is from 7pm and is $25- and includes Sharon's talk, show'n'tell, vendor shopping and door prizes. Country supper also included. Please purchase tickets for Saturday evening via the workshops tab on the website or by phoning to arrange for your ticket to be sent to you.
Latest News!! The Intelliquilter is now available for Prodigy & Proto quilting machines....
If anyone is even contemplating purchasing an A1 Longarm quilting machine or an IntelliQuilter computerised system that will go on nearly 'any' brand longarm machine, then don't hesitate to contact me!! Prices are subject to exchange rates at all times. We will be attending Quilt & Craft Expo in Sydney in June 2009, so come along & have a play on the A1 and see how simple & easy it is to use the IntelliQuilter! I will also be teaching some classes on the features of the Intelliquilter at the Longarm Symposium at this event as well.