Hire Purchase - Hire Purchase in Australia

Hire Purchase in Australia

Hire purchases are commonly used by businesses (including companies, partnerships and sole traders) in Australia to fund the purchase of cars, commercial vehicles and other business equipment.

Under Australian Taxation Office rules, businesses who account for GST on an accruals basis are entitled to claim an Input Tax Credit for all of the GST contained in the purchase price of the goods on their next Business Activity Statement.

Hire purchase is also commonly known as commercial hire purchase and corporate hire purchase (both abbreviated to CHP) in Australia.

Read more about this topic:  Hire Purchase

Other articles related to "purchase, purchases":

Nixon Watches - Purchase
... During the spring of 2012, after six years under the Billabong umbrella of brands, Nixon once again became an independent brand ... Nixon established an agreement with Trilantic Capital Partners (“TCP”) and Billabong, each of which now owns a 48.5% stake in the brand, with the balance 3% held by Nixon management, including Laats and DiNenna ...
Proof Of Purchase
... Proof of purchase is often required for sales promotions and manufacturer rebates as evidence that the customer purchased the product ... When multiple purchases are required to redeem these rewards, it is referred to as a premium incentive or collector mechanic ... Traditional proof of purchase systems required the consumer to send some portion of the packaging, as defined by the product's manufacturer, or the sales invoice ...
Isle Of Man Purchase Act 1765 - Subsequent Rights Sold
... Under the Isle of Man Purchase Act, the Atholls still retained their manorial rights, the patronage of the bishopric, and certain other perquisites ... Acts of Parliament "An Act empowering the Lords of the Treasury to Purchase all the Manorial Rights of the Duke of Atholl in the Isle of Man" 10 June 1824 "An Act to empower the ...

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