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On 3rd February 2009, as part of the 'Nation Building and Jobs Plan' the Australian government announced an investment allowance in the form of an additional income tax deduction, for business.

Picture courtesy of Danny's Leather Shop

Many businesses have been excited by this announcement but are generally unsure as to the eligibility of their organisation.

How can my organisation qualify?

How much can my organisation save in tax?

Let's step into this webquest and checkout your organisation's potential taxation savings!