The Tasmanian Automotive Chamber of Commerce (TACC) has served the automotive industry in Tasmania since 1928.

There had always been a long standing and mutually supportive relationship between TACC and the Victorian Automotive Chamber of Commerce (VACC).

TACC successfully lobbied state government on behalf of members for many years, but times were changing and in 1999 TACC and VACC were amalgamated. This merger offered members a more diverse range of services, while still maintaining a Tasmanian perspective on local issues.

Today we are dedicated to the promotion, representation and preservation of member businesses to local, state and federal governments, as well as the media, consumers and the community.

TACC Rules and By-Laws

TACC Committee

Chair:  Michael Grubb, Specialist Auto Hobart
Vice-Chair:  Terry Bienefelt, Motors Derwent Park

Mark Cooper, Cooper Automotive Mornington
Larry Eaton, Motorworks Motorcycles
Stuart Guy, FT Guy Bodyworks Pty Ltd
Peter Killick, B Select Moonah
Roger White, Specialist Car Centre

TACC news

Coronavirus: Instant asset write-off

23 April 2020

An instant asset write-off allows eligible businesses to claim immediate deductions for new and second-hand plant and equipment such as vehicles and tools.

In response to the COVID-19 situation, the instant asset write-off threshold has been increased from $30,000 to $150,000. Additionally, businesses with an aggregated annual turnover of less than $500 million can also now be eligible.

The threshold applies on a per asset basis, and so businesses can write‑off multiple assets immediately.

This new criterion only remains in place until 30 June 2020. Consequently, VACC is speaking with Federal Government representatives, putting forward the case for an extension into the next financial year.

For more information
At the time of publication, the above information was relevant and correct, in line with the latest government instructions. Visit the resources below to confirm details:
Business.gov.au: Increasing the Instant Asset Write-Off
Australian Taxation Office: Instant asset write-off for eligible businesses

 

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