What are the key dates for the 50 per cent deduction?
The 50 per cent bonus deduction is available to small businesses only. Other businesses may be eligible for the 30 per cent or 10 per cent rates of deduction (see Questions 13 and 14). To qualify for the 50 per cent bonus deduction, you need to contract for, or start to construct, an eligible asset between 13 December 2008 and 31 December 2009 and start to use the asset, or have it installed ready for use, by 31 December 2010.
