Tax breaks for tradies buying utes

AutoExec Summary
Small businesses can benefit from a recent change in the 2019 Federal Budget, allowing instant write-offs for company-related purchases up to $30,000. This initiative, aimed at encouraging investment, raises the eligibility cap for businesses from $10 million to $50 million. While the law is pending, several vehicles under $30,000 are recommended for small businesses, including the Citroen Berlingo, Toyota HiLux, Mitsubishi Triton, Holden Astra, and Honda CR-V, offering a range of options for budget-conscious buyers.

Brands mentioned: Citroen, Toyota, Mitsubishi, Holden, Honda, Fiat, VW, Peugeot, Nissan, Hyundai, Kia