50% Instant Depreciation Deduction And How it Applies to
Charter Boat Ownership / Charter Investment
What is a Charter Boat?
Charter boats are boats that have undergone compliance measures to meet strict safety and construction standards (National Standards for Commercial Vessels) enforced by the Australian Maritime Safety Authority (AMSA) to allow their owners to legally charge passengers a fee for a cruise either with a qualified skipper, or self operated by the charterer as a ‘bareboat’.
Bareboating is a popular holiday option for boating enthusiasts around the world, with large fleets located in Australia’s Whitsunday Islands and smaller fleets on Sydney’s Pittwater, Queensland’s Hervey Bay and Victoria’s Gippsland Lakes to name a few.
There are dozens of skippered charter boats offering half day cruises or longer excursions on Sydney Harbour, the Gold Coast and many other locations around Australia.
Catamarans have become the world’s most popular choice of charter boat due to their space, stability and ease of operation. As a result they offer the strongest returns and have the widest application.
Why a charter boat?
Because a charter boat has the ability to cover all costs and generate a profit, this builds up over time and has a considerable accumulative affect to the overall outcome. Combined with depreciation to neutralise the natural market decline in value, a charter boat has the potential to pay for itself. This helps fund the dream of cruising before retirement and make a SEAbbatical a reality.
Interested to know more?
If you would like to see if a Charter Boat program could work for you, complete the form below to download
our Charter Boat Ownership Guide.
Charter boat ownership is an important step in our ‘SEAbbatical’ program aiming to help get people cruising sooner.
You can review SEAbbatical Charter Boat packages here: www.seabbaticals.com.au
Or if you would like the full story on how to use Charter Boat Ownership to help fund cruising before you retire,
consider purchasing the book ‘SEAbbaticals’.
To learn why now is an ideal time to invest in a new Charter Boat, read here.