#49: Tax Alert - Avoid The Hidden Tax Trap When Upgrading Your Machinery with Chris Eccles - Empower Accounting & Advisory

The AgriCoach Podcast by The Financial Bloke · Aug 6, 2023 · 41m

In this episode, we're delving into the tax trap that will affect many farmers and graziers when purchasing new machinery.

For years, the question of whether upgrading machinery helps with tax has been a common concern, especially during the period of the instant asset write-off. However, with the government returning to pre-pandemic tax rules, understanding the tax implications is now more critical than ever.

To guide us through this complex subject, we have a special guest, Chris Eccles, accountant and director of Empower Accounting & Advisory.

In this conversation, Chris gives us an…