PEF Commercial Finance Brokers have been dedicated to providing business finance brokering services and consulting to the trenchless industry for over 40 years.
As of 19 May 2022, PEF announced that companies may be able to claim a tax deduction for the full cost of eligible depreciating business equipment and vehicles. According to PEF, in order to be eligible to claim the deduction assets must be held and used or installed and ready for use between 7 October 2020 to 30 June 2022.
The offer is only available for businesses with an aggregated turnover of less than $5 billion.
Established in 1993 by James Hannah, PEF Commercial Finance delivers professional business finance brokering services to businesses across Australia. PEF’s clients operate their businesses in a wide range of industries, giving PEF the experience and diversity of clientele to continually deliver the best business loan deals to its clients, new and returning.
James returned from America in 1993, following a stint working for Caterpillar Finance. It was then that James discovered a gap in the market and formed PEF Commercial Finance and began brokering finance for all types of earth moving equipment.
PEF is focus on providing hassle-free business finance solutions to clients and securing approvals quickly and conveniently. By getting to know its client’s businesses financial circumstances, the company is able to secure the best finance deal that aligns with the clients wants and needs.
“We work with you, the client, to identify the best business finance solutions suited for your requirements and business circumstances. We then do the work to find and secure business loans and finance approvals as quickly as possible,” said James.
To find out more about whether your company is eligible to claim the tax deduction, get in touch and find out more via PEF Commercial Finance’s website.