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, and understanding lender requirements and the approval process can be confusing, especially the first time around. Each financier has its own lending criteria, but applicants will generally need to be at ...
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