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Business assets

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Hi

I was wondering if anyone out there could advise me on any duties or tax etc that I would be levied to bring to Australia second hand plant and equipment. I have a business in the UK and I have some surplas equipment such as saw machines, routers and drilling machines. As part of my 163 business plan I did include the provision that I may, as part of my investment introduce equipment into any new business I setup/buy in Australia. Any one know if this is feasable regarding duties?

 

Thanks

 

Jon

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