A new tax bill report has been launched by Ventura Air Services, detailing the benefits for anyone purchasing a plane for business. The company prides itself on its high quality service and offers a range of aircraft for any occasion.
Ventura Air Services, the New York based private jet and chartered flight provider, has launched a new report on the tax advantages for aircraft buyers as part of the new tax bill. Under the current tax code, the 50% bonus depreciation available for business aircraft is being phased out, beginning with a reduction of bonus depreciation.
More information can be found at: http://ventura.aero
In 2019, bonus depreciation is going to be further reduced to 30%, and by the 2020 tex year it will be eliminated completely. This means that it’s going to be much more enticing to purchase aircraft for business purposes.
Presently, it’s possible for business aircraft owners to buy a new or used plane and deduct a large chunk of the cost. This is already hugely beneficial, with the top tax rate sitting at 43.4% for most high earners.
The new tax plans are set to reduce this tax number, which only makes business plane purchases and expenses even more manageable.
Ventura is know for its high quality aircraft service around the New York area. It offers its own fleet of jets, but in addition to this, gives clients the chance to secure any type of aircraft any time, anywhere in the world.
Ventura’s fleet of aircraft includes the Learjet 55, a midsize jet with seating for seven. It offers a range of benefits, including a stand up cabin, iridium global satellite phone, and a fully enclosed lavatory. Other planes include the Learjet 55 and the Learjet 35A.
A range of other charter aircraft is available, including heavy jets, which embody optimum performance. Super midsize jets are also available, along with midsize jets, super light jets, and other, even lighter options.
Ventura is known for its high quality service, and works hard to offer the best private jet solutions for anyone in the New York area. Full details can be found on the URL above.
