Will subscription sit on my balance sheet like a lease? Will subscription sit on my balance sheet like a lease?

Will subscription sit on my balance sheet like a lease?

Nicole Nicole

Not if you swap vehicles every 11 months. Subscription is viewed as a service. If you have further questions on subscription vs leasing, please register your business and we’ll be in touch.

See our blog post about how subscription is an affordable alternative to car leasing and ownership in the wake of AASB 16.

 

Size of Your Fleet

For fleets that have 1-5 cars, you can sign up as an individual and submit your order today. We will update your tax invoices to reflect your company name and address and this will remove your fleet from your balance sheet.

We recommend that you speak with your accountant or financial advisor to see if this suits your business.

For 6+ cars, learn more and register your business here.