Comware: News [News, Press Releases & Announcements]

TELEPHONE: (08) 8431 1111 FACSIMILIE: (08) 8431 1133
E- MAIL: sales@comwareptyltd.com.au
STREET: 41 Amherst Avenue, Trinity Gardens SA 5068
POSTAL: PO BOX 1070 Kent Town SA 5071

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31-May-2009

Investment Allowance: small business and general business tax break
The Small Business and General Business Tax Break legislation has received Royal Assent and is now law. The tax break, in the form of an investment allowance, provides: Small business entities (turnover of less than $2 million a year): An additional tax deduction of 50 per cent of the cost of eligible new tangible depreciating assets where the business commits to investing in the asset between 13 December 2008 and 31 December 2009 and first uses the asset, or installs it ready for use, or (in the case of new investment in an existing asset) brings the asset to its modified or improved state on or before 31 December 2010. Other business entities (turnover of $2 million or more a year): an additional tax deduction of 30 per cent of the cost of eligible new tangible depreciating assets where the business commits to investing in the asset between 13 December 2008 and 30 June 2009 and first uses the asset, or installs it ready for use, or brings the asset to its modified or improved state on or before 30 June 2010. an additional tax deduction of 10 per cent of the cost of eligible new tangible depreciating assets where the business commits to investing in the asset between 13 December 2008 and 30 June 2009 and first uses the asset, or installs it ready for use, or brings the asset to its modified or improved state between 1 July 2010 and 31 December 2010. an additional tax deduction of 10 per cent of the cost of eligible new tangible depreciating assets where the business commits to investing in the asset between 1 July 2009 and 31 December 2009 and first uses the asset, or installs it ready for use, or brings the asset to its modified or improved state on or before 31 December 2010.

Other News:

13-Jan-2010	Australia Day closure Comware will be closed on Monday January 25th 2010 due to the Australia Day public holiday on Tuesday January 26th. We will be open again for business on Wednesday January 27th. more...
13-Nov-2009	South Australia mandates medicine bar coding Bar code scanning has become mandatory for all medicines in South Australia, a practice that will significantly cut down on dispensing errors and related adverse drug events, the SA Pharmacy Board sa more...
31-May-2009	Investment Allowance: small business and general business tax break The Small Business and General Business Tax Break legislation has received Royal Assent and is now law. The tax break, in the form of an investment allowance, provides: Small business entities more...
23-Jan-2009	RFID Update:- The 4 Watt issue has been resolved As you may be aware, Australia has had some regulatory issues that have significantly hindered the adoption of UHF RFID applications in supply chain applications. In summary, Australian regulation f more...
15-Feb-2008	Single barcode numbers now available from GS1 In 2007 GS1 Australia conducted extensive research into SME (small to medium enterprise) memberships as part of their commitment to meeting the needs and improving service levels to members. Based more...

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Barcode & R.F. Identification, Data Collection & Mobile Computing, Labeling Systems, Software & Supplies

> BARCODE SCANNERS: Hand-held, Computer connected, Portable, Fixed Mount Retail and Industrial > R.F.I.D. : Readers, Tags, short & long range > DATA COLLECTION: Batch and wireless Terminals and Connectivity Options > WIRELESS LANS: Access Points & antennae
> MOBILE COMPUTERS: Key or Pen Based, Peripherals > PRINTERS: Label / Plastc card / receipt / barcode / R.F.I.D., Mobile, industrial, desktop, Design & Print Software > SYSTEMS: Concept to Completion

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