However, this cost needs to be weighed against the cost of continuing to work with old, outdated computers, which can cost your company in multiple ways — including maintenance repairs, downtime, and security risks.
Workstations and laptops running older software applications are also at a greater risk of security problems.
This is partly because developers eventually stop issuing security updates and fixes for new bugs.
Another key issue is that the longer a particular piece of software is available to the public, the longer hackers have to discover and exploit its flaws.
Older computers are also more likely to have performance problems due to basic wear and tear from daily usage.
Other issues caused by daily usage can create software problems over time, like registry errors, file fragmentation, and outdated drivers.
While outdated computers can breakdown or cost you lost productivity and sales, new devices can provide longer battery life, shorter start-up times, faster connection to the network, and the ability to multi-task with multiple applications at once — all benefits that improve your overall business productivity.
If you’ve purchased or are planning to purchase assets for your business, you may be eligible to claim an immediate deduction under the instant asset write-off expansion.
Follow up with the Australian Tax Office to confirm your eligibility.
TCT can also assist you with options for leasing hardware, which can move the expense of new hardware from a CAPEX to OPEX expense.
Speak to your TCT Business Development Manager today about how we can assist in replacing your old and out dated hardware.
Follow us on LinkedIn: