Does the asset need to be delivered before June 30 to claim it?

Generally, yes — the ATO looks for the asset to be held and installed ready for use in your business by 30 June, not just ordered or invoiced. That's why delivery timing matters as much as finance approval. Confirm your specific position with your accountant.

What is the instant asset write-off and can I use it?

It's an ATO measure that can let eligible businesses immediately deduct the cost of qualifying assets up to a threshold, rather than depreciating over years. The thresholds and eligibility rules change, so check the current rules and whether your purchase qualifies with your accountant before relying on it.

Can I still claim depreciation if I finance rather than pay cash?

Generally, yes. On a chattel mortgage your business owns the asset from day one, so depreciation and the GST input tax credit are typically available the same as a cash purchase — you simply keep your cash in the business. Confirm the treatment with your accountant.

Do I need full financials to settle before EOFY?

Often not. If your ABN is established (2+ years), you're GST registered and a director owns property, low-doc finance can frequently be arranged quickly without tax returns or bank statements, which helps when time is tight before 30 June. We'll tell you which path is fastest for your situation.

Australian commercial district at dusk — end-of-financial-year equipment finance

EOFY Asset Structuring

Beat the Clock: EOFY Equipment Finance Solutions

Lock in tax-effective vehicle and equipment acquisitions before June 30. Secure fast pre-approvals via commercial brokers.

The end of the financial year is a key window for asset purchases. A chattel mortgage means you own the asset and can claim depreciation if it's installed and ready for use before 30 June, subject to current ATO rules — so getting in early matters. Confirm the tax position with your accountant.

Who it's for

Profitable SMEs wanting to optimize their corporate tax obligations with smart commercial asset purchases.

TAX WRITE-OFFS

Timing is critical: the asset must be ready for use

Under ATO guidelines, a commercial asset generally needs to be held and installed ready for use in your business before 30 June to count towards that financial year's deductions — not merely ordered or paid for. That makes early pre-approval and delivery the difference between claiming this year and waiting twelve months. Confirm your specific position with your accountant.

OWN IT FROM DAY ONE

Why a chattel mortgage suits an EOFY purchase

On a chattel mortgage your business owns the asset immediately, so you can generally claim the GST input tax credit on the purchase and depreciate the asset, with the instant asset write-off potentially applying to eligible assets. Because you own it from settlement, the tax position is clean. The rules and thresholds change, so confirm what applies to you with your accountant.

KEEP CASH IN HAND

Get the deduction without draining your cash

Financing an EOFY purchase means you can bring the asset into the business — and access the available deductions — without writing a large cheque from working capital. A balloon (residual) lowers the monthly repayment further, so the tax benefit doesn't come at the cost of your reserves. Confirm the deduction detail with your accountant.

GET AHEAD OF JUNE

Pre-approval holds while you find the right asset

A pre-approval typically holds for around 90 days, so sorting finance in May or early June lets you shop, negotiate as a cash-equivalent buyer, and still settle with room before 30 June. Leaving it to the last week risks the asset not being installed and ready for use in time.

ANY ELIGIBLE ASSET

Vehicles, plant and equipment all qualify

Trucks, utes, excavators, machinery, medical and hospitality equipment — most commercial assets your business uses to earn can be financed and brought in before EOFY. New from a dealer is the fastest to settle and install; used and auction purchases are financeable too, with a little more lead time.

Talk to a specialist

Get a competitive rate and the right structure for your next asset. No obligation, no credit-file hit to ask.

Panel of commercial lenders
Low-doc options for established ABNs
Pre-approval before you buy

Call +61 468 016 210

Indicative estimate

Work it out backwards.

Start with a repayment that keeps cash in your business and see what it finances — then we’ll line up a competitive rate to match.

Repayment I’m comfortable with$1,500/mo

Term5 years

Balloon / residual30%

A balloon lowers your monthly repayment and keeps cash in the business. ~30% is common; new vehicles can go to 40%.

Indicative rate7.50% p.a.

Real rates today typically sit in the 6–9% range depending on the asset, its age, your ABN and security. A guide, not a quote.

You could finance approximately

$94,330

at $1,500/mo ($346/wk)

Balloon due at end$28,299

Total of repayments$118,299

Est. cost of finance$23,969

Estimate only, excluding fees and charges. Not a quote, offer, or credit assistance. Actual repayments depend on the lender’s assessment.

Common questions

We can often settle into the final days of June, but we strongly advise starting in May or early June to avoid processing delays and, more importantly, to leave time for the asset to be delivered and installed ready for use before 30 June. Leaving it too late risks missing the deduction window.

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Ready to move on your next asset?

Get pre-approved and negotiate as a cash-equivalent buyer — we'll handle the rate, the structure and the paperwork.

Call +61 468 016 210