Business Leases
Operating Lease
When you need to use the vehicle while preserving your capital with no residual value risk, avoid costs of depreciation and disposal.
- Only security is the asset
- 100% finance may be available
- Lease payments are 100% tax deducible
- You are NOT responsible for the residual value
BENEFITS
- No set up costs or other hidden costs, you just pay the regular rental
- You can replace vehicles regularly without having to worry about disposing of the existing vehicles
- You are protected from inflation and resale risk
- Maintenance & annual registration is included in the lease payment
- The cost of the asset is spread over easy monthly rentals
- No need to administer accounting asset depreciation or interest
- Renting through Operating leases improves working capital, return on assets and gearing ratios
FEATURES
- Pre-determined operating cost enables smooth cash-flow and accurate budgeting
- Rental payments are fully tax deductible
- You know exactly what your regular payments will be for the length of the term
- Term from 12 to 45 months for cars and 60 months for light commercials
- Payment frequencies may be monthly, quarterly or seasonal
- Rental payments are fully tax deductible
INDICATIVE TAXATION TREATMENT*
Lease payments are 100% tax deducible
GST is claimed each payment
Off Balance Sheet (Statement of Financial Position)
*
Lease Direct Ltd recommends you seek your own independent legal and taxation advice before completing documentation 
