Hi,
I was hoping to claim TRS on a MacBook Pro I bought, but noticed a condition on the TRS site says:
I am paying for it myself, but haven't technically finished doing so yet, as I bought it on a financing plan.
It does say on the receipt that the payment method was "loan".
Am I screwed?
Thanks for replying! Do you recall if it said on your receipt that it was a loan (i.e. it was thru the store's official financing) or did you just happen to choose to use a credit card you had to pay with?
I specifically signed up for a Go Mastercard to purchase the Macbook Pro, and I just checked my receipt then and it definitely states loan on it.
If I remember correctly I may have gone into the store and got them to print me an actual hard copy receipt as I read somewhere the TRS only accept original receipts and was worried a printout of the digital one might not be valid.
Thanks very much for your reply, that's really helpful. I already got the hard copy receipt, with my name and address on it and everything.
Now that I've thought about it more, it shouldn't be really different to purchasing on any credit card, which heaps of people probably do before claiming TRS, but technically the conditions do say 'paid in full'.
Now I have to sort out insurance for this thing in case it gets stolen.
So I know it's anecdotal but I did the exact same thing signing up for that card to buy a Macbook Pro on 0% interest as a gift and was told by Apple that it would not be eligible for TRS because you haven't paid the full amount yet. So you can't get tax back on something you still have to pay by installments. I ended up paying it in full and got TRS back fine.
@Hybroid: That's pretty annoying considering that if I had signed up for a general credit card and used that to pay for it, I would've been eligible…
As long as you have a tax invoice showing the full amount you'll be fine.
Thankyou for replying. I'm claiming 400$ back with a 569$ flight, so I certainly hope so - makes it feel like the flight is less than 200$!
Anyone had any experience with double-dipping? Because this is what I thought I might do, if all goes well.
Effectively only paying $2,400 for a $3k laptop?
Heck, I could even go triple dipping and claim work expenses during my tax return. Not sure how much I can claim but getting $100 I'm already happy :) Maybe some accountants can do better numbers for me?
You could also leave it shrink wrapped and then return it to Apple for a refund.
Correct. Actually Within 2 weeks no question ask return, open or not. So just use it.
You can return it to Apple but you are not entitled to a refund of the GST portion:
https://www.ato.gov.au/business/gst/in-detail/your-industry/…
I would suggest that technically you have indeed paid the seller in full for the goods. The financing of the purchase price is a separate transaction between you and the financier
Yup. The usual transaction that has issues is phones which are on a plan - and those technically haven't been paid in full by the user. Buying stuff on finance/credit is fine.
You're considered to have paid the seller in full for the goods because the credit card issuer did so on your behalf. The credit card company recovering the funds from you is a different transaction and therefore irrelevant.
I did the same thing late last year for a Macbook purchased via a Go Mastercard and got it through fine. I got a few questions regarding travel dates/why I was claiming but that was it.