Should you acquire or lease earthmoving equipment?
Better Loan Solutions in Mornington Peninsula • Learning Centre • Insights
Better Loan Solutions in Mornington Peninsula • Learning Centre • Insights
Choosing between equipment loans and leasing when buying earthmoving equipment can be difficult regardless the size of your business.
Generally, the choice should align with your business's financial capabilities, your growth plans and your equipment needs. Leasing may be
more attractive if you expect rapid technological advancements that could make your equipment obsolete. Otherwise, purchasing might be a
better option.
One of the most common choices is to own the equipment outright. There are several advantages to owning your equipment.
With our in-house mortgage broking division we bridge the gap between the
countless phone calls and emails between lender and accountant making your refinancing and borrowing much less stressful.
.
The best person to talk to about business equipment will
be your finance broker, who can help assess your businesses
situation and compare your options.
WEBINAR 25 SEPT // 12PM
The final session focuses on the changing legal environment, highlighting recent amendments to the Fair Work Act, capturing independent
contractors under workers' compensation schemes, payroll tax considerations, superannuation compliance, and practical steps to mitigate
risks.
WEBINAR 11 SEPT // 12PM
In the third session, we'll delve into superannuation guarantee changes, including proposed changes to payday superannuation, new rates and
bases, and the impact on SG liability. Gain insights into employer deductions, termination of employment considerations and more.
WEBINAR 4 SEPT // 12PM
Master allowances and reimbursements, understand their PAYG and super guarantee implications, and learn to navigate travel vs.
living-away-from-home allowances. Gain insights into FBT considerations, new ATO record-keeping requirements, and effective salary packaging
arrangements.