FAQs
| Characteristics (where used for business) |
Lease |
CHP |
Chattel Mortgage |
| Are repayments tax deductible?* |
Yes |
No |
No |
| Can you depreciate the equipment as tax deductible?* |
No |
Yes |
Yes |
| Is the interest tax deductible? |
No |
Yes |
Yes |
| Is GST payable on the cost of the equipment? |
No |
Yes |
Yes |
| Is GST payable on repayments? |
Yes |
No |
No |
* If used for income producing purposes.
For further information please contact one of our Finance experts on +61 (2) 9212 0799.
