We just wanted to let our valued customers and friends know that our doors are still open, we are still manufacturing, our data systems and analysis are all operational and well supported. We continue to see strong activity and optimism in the renewable energy sector.
We have installers in all states and around the world and can continue to ship and provide installation and maintenance whenever required.
Please also note that in response to Covid-19 the Government has increased the Instant Asset Write-Off (IAWO) threshold to assist businesses with cash flow. Businesses with aggregated annual turnover of less than $500 million will be able to immediately deduct purchases of eligible assets each costing less than $150,000.
This applies from 12 March 2020 until 30 June 2020, for new or second-hand assets first used or installed ready for use in this timeframe.
From 1 July 2020 the instant asset write-off will only be available for small businesses with a turnover of less than $10 million and the threshold will be $1,000.
We are happy to expedite new and existing orders to ensure installation by 30 June so you can participate in this scheme. Please let us know if you would like more information.
Wishing you all the best. Stay safe.
The team at Fulcrum3D