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Small business and general business tax break

 
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Warning: This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

What about leasing a car?

Generally, the lessor, not the lessee, would claim the tax break on cars held under a lease. However, if the car is a luxury car, the lessee may qualify for the tax break.

For more information, see Small business and general business tax break: hire purchase arrangements and luxury car leases - investment commitment time.

Sections within Buying assets

Last Modified: Wednesday, 9 December 2009

 
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