30% Government investment tax break incentives for small business stops June 30th 2009

We are all experiencing the current conditions and there have been multiple stimulus packages provided to date to help keep Australia moving away as apposed to towards a recession. Even Harvey Norman is in on the act advertising his stimulus package for customers.

The federal government announced in early February a special 30% investment tax break to help stimulate investment in capital equipment. We should all take advantage where we can of this opportunity.

The Government has not confirmed full details but they have provided sufficient information to allow you to plan to take advantage of the government stimulus package.

Under the proposed tax break a business can claim an extra 30% tax deduction for new assets, or upgrades to existing assets for capital investment undertaken between December 13, 2008 and June 30, 2009 and install prior to 30 June 2010. For assets purchased between July 1, 2009 and December 31, 2009 a reduced incentive of 10% still applies.

To take the biggest advantage you need to purchase prior to 30th June 2009, you need to turn over less than 2 million dollars and purchase equipment valued at more than $1000. Large business can claim the allownace on purchase of assets over $10,000

Some Examples

A small business with turnover of $1,800,000 pa requires a new Magicard Enduro ID Card Printer valued at $3,500. Under the proposed tax break they can claim an additional $1050 in deduction for their 2008-09 tax return.

A larger business with turnover greater than $5,000,000 requires a new Magicard Tango 2e +L double sided ID Card Printer with Laminator option valued at $11,500 Taking into account the proposed tax break on offer they can claim an additional $3,450 in deduction for their 2008-09 tax return.

By taking advantage of these government offers you are gaining the following

• Being a part of the countries recovery and stimulation
• getting products at discounted prices
• increasing your companies productivity
• getting ahead of your competitors that don't take advantage of this offer.

• Acquired or ordered between 13th December 2008 and 30th June 2009
• Installed & ready for use by 30th June 2010
• For assets purchased between July 1, 2009 and December 31, 2009 a reduced incentive of 10% still applies.

Call now on 1300 664 254 and ask us how we can assist you!

---------------------------------------------------------------------------------------------------------------------------------

Magicard launch new Magicard printer: The Pronto

Pronto ID Card Printer - A single feed colour ID Card Printer

Magicard, one of the worldwide leaders in ID Card Printer Systems , announces the launch of the "Pronto", a compact and secure single-feed colour ID card printer for instant personalisation of cards. The new Pronto addresses key retail, education, hospitality and recreation customers who require high quality card personalisation and affordable visual security.

This budget friendly printer produces secure colour or monochrome cards. Its compact and efficient design boasts simple operation, first rate performance, quality printing and HoloKote visual security at no extra cost per card. A choice of 4 standard security watermark designs is selectable via the driver.

The Pronto is a light weight printer, just 4.4 kg which makes it very portable.  With its compact and aesthetic design, the Pronto ID card printer resides very well on any counter or desktop.

Thanks to its intuitive operation with a simple 3-color LED status indicator, a USB interface, and plug & play Microsoft Windows 2000, XP and Vista® compatible software drivers that provide compatibility with most applications, customers will love how easy the Pronto is to set up and use straight out of the box.

It demonstrates Magicard’s commitment to manufacturing robust printers and making secure card printing affordable.

The Pronto is now available through Magicard Australia and offers a Two Year Warranty.

Call now on 1300 664 254 and ask us how we can assist you!