Finance

$20,000 Tax Break for Small Businesses extended to June 30 2018!

May 10, 2017

istock_000015273410largeSmall and medium businesses around the country have been given another 12 months to take advantage of the federal government’s $20,000 instant asset tax write-off scheme.

Small Business Minister Michael McCormack said on Tuesday evening the government is ‘backing’ small businesses by extending the popular scheme, which was first introduced in the 2015 federal budget.

So what exactly does this mean for your business? How can you take advantage of the scheme?

Here’s a summary of the key points from the sub-$20,000 instant asset write-off scheme.

What is the $20,000 tax break?

Small businesses can claim immediate tax deductions for as many sub-$20,000 (excluding GST) purchases they make until June 30, 2018, rather than having to claim those purchases as deductions spread over several years.

This is a huge increase from the previous instant asset write-off threshold of $1,000.

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One Up Bar and Bistro finance their new cafe equipment with QPF Finance broker Thomas Windle

Apr 10, 2017
A refreshing drink awaits you at One Up Bar and Bistro

A refreshing drink awaits you at One Up Bar and Bistro

What could be better than relaxing by the beach with a nice cold drink and some great food? Well, the team at One up Bar and Bistro are delivering the dream everyday at their Mooloolaba restaurant.

Focusing on using fresh locally sourced produce, One Up Bar and Bistro have created both a traditional and modern menu which features mouthwatering dishes such as, half shell scallops with prawn butter and crispy skin pork belly with Asian slaw. Check out their website for the full menu and location. continue reading »

A Mack Valueliner financed for Kisu Transport

Mar 23, 2017
Mack CH

1997 CH Mack Valueliner

QPF Broker Jordan Clements recently assisted family business, Kisu Transport finance a Mack Valueliner.

As a child Dan Skipper used to help out with his grandfather’s business, Kisu Transport by cleaning trucks and doing odd jobs. The business operated between 1971 and 2001, transporting furniture interstate on the East Coast of Australia. continue reading »

Two new trucks financed for Bell Trucking!

Mar 23, 2017

Truck image 2QPF Broker Jordan Clements recently assisted Corey Bell of Bell Trucking finance a new semi trailer and prime mover.

Mechanic by trade, Corey financed his first truck with QPF in 2015 while working with a friend operating a freight transport business. continue reading »

New Hyundai i30 and vehicle wrap financed for 1300 4 Gardening

Jan 17, 2017
1300 4 Gardening with their new Hyundai i30!

1300 4 Gardening with their new Hyundai i30!

QPF Finance Broker Ian Scanes recently assisted Joel Farmer of 1300 4 Gardening to finance his new company car complete with a digitally printed vehicle wrap.

1300 4 Gardening was established in 1999, and the company offers complete gardening services throughout South East Queensland, the Gold Coast, Sunshine Coast and Cairns. continue reading »

Bark Control finance new Ford Wildtrak Ute

Jan 11, 2017
New Ford Wildtrak Ute

New Ford Wildtrak Ute

QPF Finance Toowoomba Director, Ken Gordon, recently assisted Neil Smith of Bark Control to finance a new Ford Wildtrak Ute.

Bark Control is an Australian family business who specialise in selling canine control products such as containment fences and bark collars to fix dog behaviour issues. They not only sell the products but with Neil’s experience, they are able to provide expert advice both before and after sales to ensure the best possible results in solving dog behaviour problems!

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QPF assists ‘It’s a Bloke Thing’ to raise money for prostate cancer research

Nov 18, 2016
Karl Stefanovic, Alan Joyce and James Morrison

Karl Stefanovic, Alan Joyce and James Morrison

QPF Finance Group were recently one of the many corporate sponsors at the 2016 Qantaslink ‘It’s a Bloke Thing’ Prostate Cancer Luncheon held at the Brisbane West Wellcamp Airport in Toowoomba.

The lunch was a huge success, raising $1.35 million for prostate cancer research. continue reading »

QPF awarded Queensland Broker of the Year by Capital Finance for the sixth year in a row!

Nov 17, 2016
mark

Mark Crain (QPF) and Brett Jocumsen (Capital) with the 2016 Queensland Broker of the Year Award

QPF Finance Group was recently nominated and won Capital Finance’s Queensland Broker of the Year award.

The ceremony was held last Friday night at Luna Park in Sydney. We are pleased to announce that this is the sixth year in a row that QPF has taken out this award. continue reading »

QPF assists Stronger Foundations to fund their concreting equipment

Nov 04, 2016
stronger-foundations

Stronger Foundations’s new concreting equipment

QPF Finance Broker Lewis Higgins recently assisted Queensland company Stronger Foundations to finance their new concreting equipment.

The new WWINN Engineering WP-60 PTO Line Pump was financed for approximately $220,000 and was fitted to a new Mitsubishi Fuso Cab Chassis.

Stronger Foundations operates out of Narangba, providing concrete pumping and earthmoving services to both residential and commercial clients in the Greater Brisbane area. continue reading »

QPF Brokers attend the Castrol Gold Coast 600

Oct 25, 2016
The QPF Team pit side at the Castrol Gold Coast 600

The QPF and Morris Finance Team pit side at the Castrol Gold Coast 600

An enjoyable day out catching the Holden Racing Team at the Gold Coast 600.

Last Sunday the 23rd October, the need for speed overtook some of the QPF Brokers and their support staff as they raced down to the Castrol Gold Coast 600 event in Surfers Paradise.

The day was actioned packed from the very beginning, kicking off with qualifying races from the V8s and the stadium trucks. Then came the always entertaining V8 ute race and the Porsche Carrera Cup Australia race. continue reading »