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Should I pay cash for capital equipment?Views: 275
Nov 10, 2016 9:25 pmShould I pay cash for capital equipment?#

PJ Patterson
One of the big differences between Commercial Leasing and Hire Purchase is in the handling of tax deductions. With Hire Purchase, instead of claiming the whole monthly payment as a tax deduction as you do with a lease, you claim the depreciation of the equipment and any interest charged. This tends to mean you will deduct more in the early years compared to a Commercial Lease.

continue reading: http://www.keystonefinancial.com.au/should-i-pay-cash-for-capital-equipment/

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