Tag: hire purchase

Important GST changes to Hire Purchase

As of the 1st of July 2012, there are some important changes to the GST treatment of Commercial Hire Purchase (or Offer to Hire) contracts. Currently, under an Offer to Hire contract, only the upfront sale of the asset to the customer by the financier is considered taxable. Term charges

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May 11, 2012

Equipment and asset finance series

        It is our plan to provide a free series about equipment finance. Over the coming months we will provide 1 topic per week. Part 1 – Preapproved lending limits  Jason Smyth is the Managing partner in Rockhampton who 15 years experience in equipment or asset finance in Central Queensland.

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February 8, 2012