Buying a new or used truck has never been less taxing with the Federal Government’s Economic Stimulus PackageAs announced by the Federal Government, businesses with an annual turnover of up to $500 million now have the opportunity to take advantage of several stimulus initiatives including:

$150,000 INSTANT ASSET WRITE OFF
Applicable to any eligible new or used truck with a purchase price of up to $150,000 (excluding GST), acquired from 12 March to 31 December 2020.

50% ACCELERATED DEPRECIATION DEDUCTIONS
Applicable to any eligible new truck with a purchase price greater than $150,000 (excluding GST), acquired from 12 March to 30 June 2021.

The Australian Government has announced the extension of the Instant Asset Write-Off Stimulus Package available on new and used vehicles under $150,000 (excl GST), until December 31. 

Check out our range of used trucks available under $150,000, including tippers, trays or beavertails, or purpose-built vehicles at CMV Truck & Bus - in stock and available for immediate delivery.

Purchase a new truck greater than $150,000 (ex GST) and you may be eligible to receive the Federal Government's 50% accelerated depreciation deduction!

Let the team at CMV Truck & Bus assist you in finding the right truck for your business. New our range of Mack, UD and Volvo Trucks via the button below or visit one of our five locations.

The information provided is general in nature and all customers must seek their own independent tax and accounting advice before making a vehicle purchase. You can find out more about the Government's new Economic Stimulus Package via the button below.