Small businesses stand to receive significant tax breaks for purchases on sound and security systems up to $A20,000 as outlined in the Federal Budget handed down this week in Canberra.
Hills' head of sales, David Lenz, welcomed the measure and said Hills would be helping its partners and installer base to take advantage of the deductions by developing concise security and sound system packages up to the value of $20,000.
“I know many of our partners and installer base will welcome the opportunity to make improvements to their own business infrastructure as well as to on-sell targeted security and AV packages to their end-users customer base.
“Hills has the product range to help them do that across the security and AV spectrum and what we will do from here is make it even easier for business by developing new packages specifically to support our customers to take advantage of this new arrangement,” David Lenz said.
To be eligible businesses need to have an ABN and turnover of less than $A2 million dollars and the tax break will be effective immediately and run for 2 years.♦