Goods Loan allows those registered for GST on a cash accounting method to purchase goods / equipment and be able to claim an Input Tax Credit via the Business Activity Statement and therefore comply with the Australian Taxation Office requirements.
GOODS LOAN BENEFITS:
- Immediate ownership of vehicle, subject to the finance provider or lender's security interest
- Fixed rate for the life of the loan
- Loan terms from 1-5 years
- Balloon repayments available
- Finance may include on-road costs and insurances
Things you should know
* The taxation position described is a general statement and should only be used as a guide. It does not constitute tax advice and is based on current tax laws and their interpretation. Customers must seek their own independent tax advice in relation to their individual circumstances.
* Terms and conditions, fees and charges may apply and are available on application. Lending criteria applies to finance applications.
Financing for this product may be provided by St.George Bank – A Division of Westpac Banking Corporation ABN 33 007 457 141 Australian credit licence 233714. Jaguar Financial Services is a registered trading name of Jaguar Land Rover Australia Pty Ltd and is operated under licence by St.George Bank – A Division of Westpac Banking Corporation.