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Prepay Plus

 

Maximise your production returns this tax year by pre-paying your on-farm requirements pre-June 30. Landmark’s exclusive Prepay Plus offer allows you to prepay funds into your account before June 30 and earn a reward until you collect your goods. A safe, secure and rewarding way of prepaying next season’s requirements without the hassle of working out exactly what you need.

 

For more information, please contact your local Landmark Branch Manager or Rural Finance Manager.

 

 

 

Offer

  • Customers will receive a reward based on the amount of expenditure prepaid into the Landmark Prepay Plus account
  • A tax invoice will be issued to the customer upon receipt of the prepaid amount.

Term

  • The prepaid amount must be used within 12 months from the prepayment date and cannot be withdrawn. If the paid amount is not redeemed within the 12 month period, the reward amount will cease to be applied.

Reward Amount

  • 4.15% per annum and calculated on the daily balance of your Prepay Plus account and credited monthly.
  • Any reward amount must be used to purchase Landmark goods.
  • The reward amount is not interest and cannot be paid out separately to customers.

Minimum Amount

  • $10,000

Maximum Amount

  • $5 Million**

Accessing Funds

  • Customers CANNOT withdraw funds

Fees

  • Nil

 


Download the Prepay Plus Agreement here

 

 

 


 

Important Information

* In offering this product, Landmark Operations Limited (Landmark), its employees, agents or contractors are not providing any financial, legal or tax advice. Landmark recommends that interested parties obtain their own independent tax and/or financial advice on the suitability and benefits of this product based on your specific circumstances. The ‘Prepaid Amount’ is to be redeemed within 12 months from the date of payment and the Reward earned must be redeemed as credit on purchases of goods from a Landmark store. The ‘Prepaid Amount’ cannot be withdrawn.

Contact your local Branch Manager or Rural Finance Manager for the full Terms and Conditions. Depending on individual circumstances this product may provide tax benefits.

 

** Larger amounts are at Landmark’s discretion.

+Subject to any legislative changes, small business tax concessions are now available to businesses with turnover less than $10 million p.a. For more information, please visit www.ato.gov.au

 

 

 

 

 

 

 


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