Call 1800 277 387 (1800 ASSETS)
8am-7pm, Mon-Fri (Sydney/Melbourne time). For any other queries call 13 1998
This information is current as at 29 April 2020, and is for general information purposes only. It has been prepared without considering your objectives, financial situation or needs. You should consider the appropriateness of this information to your circumstances before acting on it.
Credit provided by the Commonwealth Bank of Australia. These products are only available to approved business customers and for business purposes only. Applications for finance are subject to the Bank's eligibility and suitability criteria and normal credit approval processes. Individuals should view our current Terms and Conditions for Asset Finance and consider them before making any decision about these products. Rates are subject to change.
Taxation considerations are general and based on present taxation laws and may be subject to change. You should seek independent, professional tax advice before making any decision based on this information.
1 This is provided it is depreciable under Division 40 of the Income Tax Assessment Act 1997, is acquired after 12 March and first used or installed by 30 June 2020. For more information, visit the Government’s write-off threshold support page or go to the instant asset write-off page at the ATO website.
2 You can apply for conditional approval in NetBank if you’re an existing CommBank business customer who is a sole trader or the single director of a company that has been operating for at least 12 months. Fees, charges, terms, conditions and lending criteria apply.