Equipment Finance Sydney
Sydney metro equipment finance specialists covering Western Sydney, Parramatta, CBD, and Eastern Suburbs. Finance excavators, trucks, forklifts from $50k to $5M.
340+
Sydney Metro Projects
$185,000
Avg. Sydney Deal Size
96%
Western Sydney Approval Rate
Important Tax & Financial Disclaimer
General Information Only: The information provided on this page is for general guidance purposes only and should not be considered as professional tax, legal, or financial advice.
Seek Professional Advice: You must seek professional advice from a qualified accountant, tax advisor, or financial planner regarding your individual tax circumstances, strategies, and current regulations before making any financial decisions.
ATO Requirements: For official information about tax deductions, instant asset write-offs, depreciation schedules, and current ATO requirements, always cross-reference with the Australian Taxation Office website:
Tax laws and regulations are subject to change. Always verify current requirements with the ATO and consult with professional advisors before making equipment finance decisions.
Official ATO $20,000 Instant Asset Write-Off
Based on official Australian Taxation Office guidance - current for 2024-26 financial years
$20,000 Instant Asset Write-Off
Official ATO instant asset write-off for eligible equipment and tools for Sydney contractors
Eligibility Requirements
- •Business aggregated turnover less than $10 million
- •Asset cost less than $20,000 (ex GST if registered)
- •First used or installed ready for use 1 July 2024 – 30 June 2025 (law) | 1 July 2025 – 30 June 2026 (announced)*
- •Using simplified depreciation rules
- •Both new and second-hand assets qualify
How It Works
- •Per-asset basis: Write off multiple assets under $20k each
- •Immediate deduction: Claim full business portion in year of purchase
- •GST treatment: Exclude GST if registered, include if not
- •Business use only: Only claim business portion (not private use)
Assets $20,000 or More
If your asset costs $20,000 or more, it goes into the small business simplified depreciation pool:
- • 15% deduction in the first year
- • 30% deduction each subsequent year
- • If pool balance falls below $20,000, write off the entire balance
Important Exclusions & Limits
Passenger vehicles limited to $69,674 for depreciation purposes (excludes motorcycles and disability-modified vehicles)
- • Assets leased out (>50% of time)
- • R&D assets (special rules apply)
- • Capital works & buildings
- • Horticultural plants
Practical Example
Purchase: Computer for $6,800 (80% business use)
Instant Write-Off: $5,440 (80% of $6,800) in the year of purchase
Total cost ($6,800) is below $20,000 threshold ✓
Business can claim $5,440 deduction immediately, not spread over multiple years
* Legislative Status: The $20,000 instant asset write-off for 2024-25 (1 July 2024 to 30 June 2025) is confirmed law. The extension for 2025-26 (1 July 2025 to 30 June 2026) has been announced by the government but is not yet legislated. While the government has committed to this extension, it requires parliamentary passage before becoming law.
Important: This information is based on ATO guidance current as of December 2024. Tax laws change regularly. Consult a registered tax agent or accountant to ensure your specific situation qualifies for the instant asset write-off. Record keeping requirements apply.
Why Sydney Equipment Finance is Different
Sydney accounts for 62% of all NSW equipment finance volume - but "Sydney" isn't one market. Western Sydney contractors financing $150k excavators for infrastructure projects have completely different needs than Bondi builders financing $45k utes for commercial fit-outs. Here's how we approach each Sydney sub-region:
Western Sydney (Parramatta to Penrith)
Average deal: $140,000-$280,000 | Top equipment: Excavators, dozers, loaders
Focus: Infrastructure projects (Sydney Metro, WestConnex, Airport). Contractors here typically have confirmed government contracts, so we offer project-specific finance with lower rates (6.5-7.5% vs 7.5-8.5% elsewhere). High volume of low-doc deals because many contractors are sole traders or partnerships expanding rapidly.
Sydney CBD & Eastern Suburbs
Average deal: $50,000-$95,000 | Top equipment: Utes, vans, access equipment
Focus: Commercial building fit-outs, high-rise construction. Equipment often has partial private use (employee take-home), so we structure deals to minimize FBT exposure. Higher proportion of company purchases (vs sole traders), so full-doc deals dominate. CBD businesses often need off-site storage solutions, which we bundle into finance.
South-West Sydney (Liverpool, Campbelltown)
Average deal: $180,000-$350,000 | Top equipment: Trucks, forklifts, warehouse automation
Focus: Logistics and warehousing boom. Amazon, Coles, Woolworths distribution centers driving massive forklift/truck demand. We structure "fleet" deals (multiple units at once) with volume discounts. High approval rate (97%) because logistics equipment has strong resale value and predictable depreciation.
Sydney-Specific Tax Traps (and How to Avoid Them)
⚠️ Trap #1: FBT on Sydney Metro Utes
The Problem: A Parramatta contractor buys a $55,000 dual-cab ute. Employee takes it home nightly. ATO classifies as "car" (can carry 1+ tonne OR designed for off-road) = subject to FBT. Annual FBT cost: $9,240.
The Fix: (1) Sign-write vehicle prominently = reduces FBT 50%, (2) Maintain logbook showing 85%+ business use = further reduction, (3) Use chattel mortgage not novated lease = you claim full depreciation + interest. Net result: FBT drops to $1,850/year while maintaining full tax deductions.
⚠️ Trap #2: Depreciation on Older Equipment
The Problem: A Liverpool logistics company buys a 2015 forklift ($28,000) via private sale. Their accountant uses 10% depreciation rate (common for "used" equipment) = only $2,800 Year 1 deduction.
The Fix: ATO depreciation rates are based on EQUIPMENT TYPE, not age. Forklifts = 37.5% regardless of year. Correct Year 1 deduction: $10,500 (37.5% × $28,000), saving $3,150 in tax at 30% rate. Over 5 years, this error costs $8,000+ in lost deductions. We provide depreciation schedules with every finance approval.
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* Calculations are estimates based on standard depreciation rates. Consult with a qualified accountant for personalized advice. Interest rate assumed at 7.5% p.a. for illustration purposes.
Need Sydney Equipment Finance?
Our team at Ding Financial specializes in Sydney metro equipment finance. We've funded over $120M in equipment across Western Sydney, Parramatta, and the CBD.
Get Sydney Funding Advice →Recent Sydney Equipment Finance Deals
Sydney Metro West Excavation Package
Civil contractor secured metro tunneling subcontract requiring 3 excavators. Structured as separate chattel mortgages to maximize depreciation benefits per unit.
$420,000
$145,800
Western Sydney Airport Ground Works
Earthmoving contractor won 18-month airport construction contract. Financed equipment with balloon payment to match contract cashflow.
$285,000
$94,050
Bondi Junction Commercial Fit-Out
Commercial builders needed scissor lifts and telehandlers for multi-story CBD fit-out. Low-doc approval in 36 hours.
$125,000
$37,500
These Sydney projects were financed through Ding Financial's Sydney equipment finance program
Equipment Finance by Sydney Region
Western Sydney
Parramatta, Penrith, Blacktown, Liverpool, Campbelltown
Sydney Metro CBD
CBD, Bondi, North Sydney, Inner West
South-West Sydney
Liverpool, Campbelltown, Camden, Ingleburn
Sydney Equipment Finance FAQs
Common questions from Sydney contractors and businesses
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