There are a number of different ways to finance the purchase of vehicles and equipment for your business. Leasing, chattel mortgage and commercial hire purchase each have different tax, accounting, GST and FBT implications.
As your accountants we are committed to saving you money and giving you the most tax effective advice regarding your asset purchases.
We utilise an on-line vehicle and equipment finance service that provides highly competitive quotes from a panel of major lenders. Having all your financial information on hand and understanding your tax situation guarantees fast approval and the correct advice.
This article is not a substitute for independent professional advice. We do not warrant the accuracy, completeness or adequacy of the information or material in this article. All information is subject to change without notice. We and each party providing material displayed in this article disclaim liability to all persons or organisations in relation to any action(s) taken on the basis of currency or accuracy of the information or material, or any loss or damage suffered in connection with that information or material. You should make your own enquiries before entering into any transaction on the basis of the information or material in this article. Please ensure you contact us to discuss your particular circumstances and how the information provided applies to your situation.