Home > Case IH farm machinery - Get orders in to gain from proposed tax break

Case IH farm machinery - Get orders in to gain from proposed tax break

Supplier News
article image Case IH farm machinery

The proposed business tax break* for equipment purchases will only be available to farmers who order by June 30, so Case IH Marketing Manager Stuart Brown says anyone considering a new purchase should talk to their tax advisor and plan a visit to their dealership now.  

“Any farmer who has been thinking about upgrading their equipment over the next 18 months should consider whether buying now could be to their advantage,” Stuart says. “This tax break is a one-off opportunity that could potentially be worth thousands of dollars to businesses. Case IH has released a wide range of new products for 2009 so this is a great time to think about upgrading to equipment that will help boost productivity on your farm.”  

Under the proposed tax break scheme, orders placed by the deadline will qualify if delivery is made by 30 June 2010. “Given the strong global demand for equipment it makes sense to order early anyway,” Stuart says.

“That way farmers will not only put themselves in a position to potentially take advantage of the tax break, they’ll also ensure their order is prioritised. Local and overseas demand is still at very high levels and the June 30 tax break cut off could create an even stronger run on products, possibly making it difficult to source machines on short notice. We’ve secured extra production of high horsepower tractors and combine harvesters to help meet the projected demand, but it’s always good practice to order sooner rather than later.”  

Case IH dealerships can also help customers finance their purchases. “We can arrange competitive finance and with our CNH Capital Express offering, eligible customers will have their finance approved in under 90 minutes. This is in addition to great rates from a lender that has machinery finance as their focus.”  

Case IH’s new product line up includes equipment across all farming categories, including the new Patriot 3330 sprayer, new Magnum and Steiger tractors with standard Automatic Productivity Management (APM) for fuel efficiency and two new large square balers. “We’ve also just launched our first all-new cane harvester in 10 years, the Austoft 8000, and we have a new six-model loader range,” Stuart says.  

“The entire range of Case IH equipment is bio-diesel ready, with many machines able to run on 100% biodiesel. This demonstrates our commitment to the future of the industry and ensures that equipment farmers buy today will be up to the task for years to come, even as fuel sources change. The new products also deliver on our promise of good value, with money-saving features and options to suit all budgets.”  

Stuart says the line-up of new Case IH equipment is already proving popular. “These new machines and features are suited to many applications and are already generating a lot of interest. The tax break incentive is only going to increase their appeal so I really encourage farmers to think about their new equipment needs and act fast to secure their orders.”  

To assess any potential savings of a purchase, an online investment allowance calculator can be accessed at the Case IH website.      

* The business tax break is subject to Parliamentary approval and eligibility will depend on individual circumstances.

Newsletter sign-up

The latest products and news delivered to your inbox