Finance Leasing

Finance Leasing

A Finance Lease requires the lessee to finance 100% of the asset cost, i.e., a deposit cannot be utilised to reduce the amount financed. A residual value, which is payable at the end of the term, must be established. Residual values are determined by the Australian Tax Office and are based on the depreciation value of the asset


The advantages of a Finance Lease are:
No initial cash outlay as 100% of the purchase price is financed
 
Rental payments are fully tax deductible*
 
* Tax treatment may vary according to circumstance. Please consult your accountant or tax agent