Archive for May, 2018

A further 12-month extension was announced as part of the recent 2018 federal budget which comes as a win for all Australian small businesses, which have expressed a liking to the scheme since it was first introduced in the 2015 budget.

The instant asset write-off scheme allows businesses with annual turnover of under $10 million to immediately deduct purchases of most assets under $20,000.

The federal government’s instant asset write-off scheme will now expire on June 30, 2019, instead of June 30 this year, despite calls to make the scheme a permanent feature of the tax system.

Stephen MacMillan, Managing Director of Insyston, is proud to announce that the Insyston sales team broke all sorts of records in April.  One such achievement was Tim Gillespie setting a new record for the number of proposals provided in a calendar month – his achievement was almost twice as many as the previous highest number ever recorded in the twenty year history of Insyston. This highlights not only the sales skills of Tim and the vast industry knowledge of the Insyston business team to deliver such high quality system walkthroughs, but also the growing interest in the Insyston Software as a Service offering as well as the imminent release of the Insyston Operations 6.4 version. The new version has numerous new features including a fully integrated fixed asset register that enables the provision of true Managed Services offerings by Asset Finance companies. Stay tuned for more exciting announcements.