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Financial Planning: Equipment Finance & Leasing*

Leasing (or ‘asset financing’) is a way of purchasing equipment, machinery or other assets without having to pay the full amount upfront. You are essentially paying a regular amount to ‘rent’ the equipment from the ‘lessor.’
• Almost anything can be leased or purchased as long as the asset will be
  used more than 50% of the time to earn assessable income. This includes 
  vehicles, computers, machinery and other types of equipment. 
• Applicants for a lease can be Companies, Individuals, Trusts, Partnerships, 
  or Sole Traders.
• You must have home equity and produce tax returns for the last two years 
  for your business to be eligible.

Leasing advice

Leasing through a Count adviser can help you:

Free-up capita
Why buy equipment and pay the entire cost upfront when it could take years to reach its full earning potential? We can organise leases with a favourable repayment structure tailored to your needs.
Avoid inflation and currency movements 
Fixed repayments / rentals allow you to purchase equipment at today’s prices and precisely plan your future budget.
Save time and money 
We compare quotes (and ensure there are no hidden fees) and do all the paperwork for you so you can obtain finance within days.
Pre-approved credit limits 
Pre-approved credit limits can also be arranged. This is simply pre-arranged finance that enables you to effectively plan for your future finance needs so you can shop around for the asset you require with peace of mind.
Maximise your depreciation and tax deductions 
Your Count adviser will look at your business's overall circumstances to structure an equipment finance option that will help you minimise your tax bill and maximise your profits.
Claim back the entire GST quickly in your next BAS 
Your Count adviser is ideally positioned to advise you on the most tax-advantaged way to claim back the GST on the asset, quickly and efficiently.

What are the advantages of leasing?

• It allows you to acquire assets with minimal initial expenditures and a lease 
  rarely requires a down payment.
• Leasing can be a convenient way to minimise equipment expenses paid by 
  the partners of a joint venture.
• Your lease payments can usually be deducted as business expenses on your 
   tax return, which can often reduce the net cost of the lease.
• Leases are usually easier to obtain and have more flexible terms than loans 
  for buying equipment. This can be a significant advantage if you have bad 
  credit or need to negotiate a longer payment plan to lower your costs.
• Equipment that is continuously outdated, like computers, can simply be 
  replaced for new, higher-end equipment after your lease expires. Flexibility 
  to keep your business up-to-date with advances in technology.

* Services provided as an Authorised Representative of Count. ‘Count’ and Count Wealth Accountants® are the trading names of Count Financial Limited, ABN 19 001 974 625. AFS Licence Number 227232. Principal Member of the Financial Planning Association of Australia Limited.

General advice warning: The advice provided is general advice only as, in preparing it we did not take into account your investment objectives, financial situation or particular needs. Before making an investment decision on the basis of this advice, you should consider how appropriate the advice is to your particular investment needs, and objectives. You should also consider the relevant Product Disclosure Statement before making any decision relating to a financial product.

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