Hi, if i were to purchase 15 cars which will be financed, would i be able to claim the full GST amount upfront on all 15 cars.
Thank you in advance
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Hello @Annoymous1234,
For what purpose are you obtaining all these cars? Is this for a business you are starting or is it for personal use? There are a variety of rules that come into GST on motor vehicles when you purchase them and it depends upon you situation as to what the answer to your question would be. I would suggest taking a look at the purchasing a motor vehicle page for the breakdown on how GST and cars works.
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Hello @Annoymous1234,
For what purpose are you obtaining all these cars? Is this for a business you are starting or is it for personal use? There are a variety of rules that come into GST on motor vehicles when you purchase them and it depends upon you situation as to what the answer to your question would be. I would suggest taking a look at the purchasing a motor vehicle page for the breakdown on how GST and cars works.
They are being purchased to operate a fleet of taxis so they are 100% business use.
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