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| Equipment & Motor Vehicle Finance 1 &2 | ||
| Chattel Mortgage, Hire Purchase, Lease |
9.20% |
|
| Business Loans 3 | ||
| Fixed 1 year |
6.64% |
|
|
Fixed 2 years |
7.34% |
|
|
Fixed 3 years |
7.74% |
|
|
Fixed 4 years |
7.94% |
|
|
Fixed 5 years |
8.04% |
|
|
Fixed 10 years |
9.10% |
|
|
Variable |
6.19% |
|
|
Overdrafts |
6.24% |
|
Comparison Rate 12 months Introductory Variable 5.16% 6.27% Standard Variable 5.59% 5.69% Line of Credit 5.69% Fixed Rates: 1 year 6.34% 5.90% 3 years 7.34% 6.32% 5 years 7.74% 6.78% Low Doc Variable 5.74%
Home Loans 4
Interest rates for business loans secured in full or part by commercial security are calculated by the bank or financier based on your individual circumstances.
Please contact Perks Finance for a personalised quote.
1 Rates are dependent on term, balloon, type and age of equipment.
2 Rate based on $50,000 new vehicle over 5 years with nil balloon.
3 Fully secured by residential security. Other rates available upon request.
4 Comparison rates based on $250,000 over 25 years. Comparison rates are available upon request or from the office of Perks Finance Pty Ltd.
Terms, conditions, rates and charges apply to all lending products.
Phil Wigley Director pwigley@perks.com.au |
 |
New Tax Break on Equipment
Don’t miss this fantastic opportunity to save money on a new vehicle or business equipment!!
You must make your purchase before 31st December 2009 to take advantage of this special allowance.
Please see attached information sheet or contact Perks Finance for further details.
Please refer below to our June 2009 edition of Perks Finance Alert.
In the recent Small Business and General Tax Break businesses can claim an additional 50 per cent tax deduction (i.e. turnover < $2 million) for eligible assets costing $1,000 or more that they acquire before 31st December 2009, and install by 31st December 2010.
Examples:
1) a business that purchases and takes possession of a $100,000 photocopying machine can claim an additional $50,000deduction in its 2009-2010 tax return.
2) a business that purchases and takes possession of a $35,000 new vehicle can claim an additional $17,500 deduction in its 2009-2010 tax return.
3) a business that buys and takes possession of a $260,000 prime mover can claim an additional $130,000deduction in its 2009-2010 tax return.
What better time to contact Perks Finance to arrange a quote for your next equipment or vehicle purchase.
Financing can be obtained as:
- Chattel Mortgage
- Hire Purchase
Before you make your next business purchase, talk to Perks Finance first to get the right advice on structuring the purchase to help your cashflow, save you stamp duty and maximise your GST claim.
If you have any other questions regarding the new tax break, please contact Perks Finance on 8273 9300 or at perks_finance@perks.com.au
1) a business that purchases and takes possession of a $100,000 photocopying machine can claim an additional $50,000deduction in its 2009-2010 tax return.
2) a business that purchases and takes possession of a $35,000 new vehicle can claim an additional $17,500 deduction in its 2009-2010 tax return.
3) a business that buys and takes possession of a $260,000 prime mover can claim an additional $130,000deduction in its 2009-2010 tax return.
If you have any other questions regarding the new tax break, please contact Perks Finance on 8273 9300 or at perks_finance@perks.com.au
Finance Review and Audit.
If you are not sure you are obtaining the best possible deal from your existing bank, we would be pleased to assess your current banking arrangements. We can either find an alternate financier for you or negotiate on your behalf to get a better deal from your existing bank.
Official Cash Rate.
| Australia | 3.50% |
| United States | 0.25% |
| England | 0.50% |
| New Zealand | 2.50% |
Australia
-
Building approvals for private sector houses rose 0.3% in September 2009 and has risen for 9 months.
-
The unemployment rate increased to 5.8% in October 2009.
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CPI rose 1.3% through the year to September quarter 2009.
United States
- CPI increased 0.2% in September 2009.
- The unemployment rate for October 2009 increased to 10.2%.
England
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The volume of retail sales in the three months to September 2009 was 0.9% higher than the same period a year ago.
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The Halifax House Price Index increased by 1.2% in October 2009.
New Zealand
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The unemployment rate increased to 6.5% for the September 2009 quarter.
-
CPI rose 1.3% in the September 2009 quarter compared with the June 2009 quarter.
For more information please contact:
Phil Wigley at pwigley@perks.com.au,
John Seidel at jseidel@perks.com.au,
Jim Materne at jmaterne@perks.com.au or
Maryann Ianni at mianni@perks.com.au
Adelaide
247 Fullarton Road
Eastwood SA 5063
T: (08) 8273 9300
F: (08) 8274 1466
Web: perks.com.au
Victor Harbor
163 Hindmarsh Road
Victor Harbor SA 5211
T: (08) 8552 3711
F: (08) 8552 3771
Darwin
59 Smith Street
Darwin NT 0800
T: (08) 8941 8600
F: (08) 8941 9600
Alice Springs
73 Hartley Street
Alice Springs NT 0870
T: (08) 8953 4400
F: (08) 8953 4599
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