CT Connect: Investment Boost 💰
Sarah Miskell is chatting to Mathew Robertson about a hot topic this week - Investment Boost.
What is Investment Boost and how does it work?
A couple of things it's NOT:
❌ A 20% discount on assets
❌ A reason to buy big assets you don't need
❌ Equally going to benefit all businesses
➡️ Important Note Investment Boost effectively accelerates the depreciation of an asset, but it could create tax implications if the asset is later sold without having declined in value.
That said, depending on your situation there are likely ways to plan your spending to make the most of this new deduction. If you're looking to make a purchase, simply give us a call and we'll talk it through.
What is CT Connect?
We work alongside a fantastic network of trusted advisors and recognise that being successful in business is all about surrounding yourself with the right people. That’s why we’re kicking off our new CT Connect series – short, practical chats with Advisors within our network, sharing ideas to help you grow your business and plan ahead.