With only a day or so this financial year remaining it is probably too late to finance and settle your last minute purchase of that new car or other asset. HOWEVER
According to Finlease a major finance broking business in the Equipment Finance area, many of their clients who have made last minute decisions on such purchases to take advantage of the investment allowance this year have simply paid cash for the car and Finlease is arranging a "purchase and lease or hire back" in July which will finance the car or other asset and reimburse the funds back to the client.
For their time poor clients, Finlease also provides access to a car buying service which saves their clients both time and money on new car purchases.
For those companies looking to lock down some last minute tax deductions, there is a way. Simply talk to your finance provider or Finlease to fast track a reduction in your 2009 tax bill.
Call Finlease the Investment Allowance Equipment Finance Specialists for further information on 1300 FINLEASE (346 532) or simply visit www.finlease.com.au for further information.