Platinum Lease is a tax-efficient tool to satisfy business needs without tying up capital.
Lease payments are made from pre-tax income, not after-tax profits, enabling a business to preserve cash flow and utilise the capital elsewhere in the business.
Where the boat is used for income-producing purposes, a tax deduction may be claimed by the lessee.
Flexible contract terms from 24 to 60 months are available, and as the residual value can be varied according to the contract term and within Tax Guidelines, repayments can be tailored to suit your budget.
Where the lessee is registered for GST purposes, input tax credits may be applied to offset some or all of the GST on both the lease rental and the residual value, depending on the amount of business use you can demonstrate.
Arranging finance through Platinum Marine Finance is easy. Once you have decided on the boat of your choice, simply speak with a Platinum consultant. They can advise you on the full range of options and tailor a finance package to suit your needs.
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