Hi
I am looking to lease out my new ute as a business. There will be some personal usage on the vehicle as well.
What are some of the considerations I need to keep in mind i.e. lease income, dedcutions, depreciations etc...
When you say "lease out my new ute as a business" do you mean that you are operating as a sole trader and intend to make your ute available for short-term hire/lease by third partiesnwhen you are not using it?
If this is the case then you should find all the information you need on our income and deductions for asset sharing web page.
RichATO
When you say "lease out my new ute as a business" do you mean that you are operating as a sole trader and intend to make your ute available for short-term hire/lease by third partiesnwhen you are not using it?
If this is the case then you should find all the information you need on our income and deductions for asset sharing web page.
RichATO
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