Explained: Residual Value or a Balloon Payment

A quick guide to residual value and balloon payments Put simply, a residual value and a balloon payment are the same. Both refer to a pre-agreed payment due at the end ...

What is Chattel Mortgage?

What is a chattel mortgage? A chattel mortgage is a type of loan used by businesses to purchase new and used vehicles or other business-related equipment. In many ways, the chattel ...

2020 Budget Temporary Full Expensing of Depreciating Assets + Tax Loss Carry Back options with 3 Examples (updated)

Below is an UPDATED PLAIN SPEAK table & summary of the Temporary Full Expensing of Depreciating Assets tax incentives announced in the Federal Government’s 2020 Budget on 6th October 2020 and extended ...

Putting 2020 behind us and looking forward into 2021

As we come to the end of a very challenging period and a year that none of us ever want to see again, we can now take a look forward ...

Temporary Full Expensing of Depreciating Assets (TFEDA) : A Guide for Australian Businesses

Temporary Full Expensing of Depreciation Assets (TFEDA) is a tax relief initiative that was announced by the Australian government in October 2020. It’s good news for business owners, but you ...

Equipment & Vehicle Finance Checklist in Covid Times…

With a fractured Covid affected economy across our nation what is the current lending environment like and how do the weeks and months ahead look? Pre-Covid the economy was moving along ...