Finance - Boating Tips & Advice
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Can You Claim A Boat As A Tax Deduction? GST, Depreciation And The ATO Rules
For most recreational owners, no, you generally cannot claim a boat as a tax deduction, because the New Zealand Taxation Office treats boats as a lifestyle asset rather than a necessity. A deduction generally only becomes available if the boat is genuinely used to earn assessable income, such as ...
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Before You Buy A Boat - Is There Finance Owing?
Buying a boat comes with risk. Doing a $2 search on the Personal Property Securities Register, or PPSR, can help you check if the boat, jet ski, tinny or other type of watercraft you’re buying has a security interest registered against it, which could mean it has money owing on it and is at ...
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4 Tips For Getting Your Boat Loan Approved
Boat finance applicants often have concerns about whether they can get approved for a loan. Understanding lender requirements and the approval process can be confusing for many. Especially if it’s your first time going through the process.
Each financier will have their own lending ...
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