Leasing Information
For Large Machines and Furniture purchasing over £2000 we are able to offer significant help to offset the cost over a period of time.
Example £10,000.00 Purchase
Term | Quarterly | Weekly | Daily | Total | Tax Relief | Net Cost |
3 Years (1+11) | £1,044.60 | £80.35 | £11.48 | £12,535.20 | £2,507.04 | £10,028.16 |
5 Years (1+19) | £694.40 | £53.42 | £7.63 | £13,888.00 | £2,777.60 | £11,110.40 |
Tax relief is based on a 20% tax rate If you are interested in leasing your products rather than purchasing it outright then please call us on 0845 5555 007
There are many advantages to leasing products rather than purchasing it outright which are as follows:
PAY AS YOU EARN - Leasing your equipment means you can enjoy the profits the equipment provides immediately without having to find the full sum up front
CASH FLOW - Using leasing protects your cash flow
TAX DEDUCTABLE - Lease rental payments are 100% tax deductable against profits
BEST PRODUCT - You have the access to a higher standard of equipment which may be too expensive to buy outright
FIXED PAYMENTS - Lease rentals payments are fixed which makes budgeting easier
EASY UPGRADES - For a simple adjustment to your payments you can upgrade your equipment during your lease, should you need to add or upgrade any specification
PROTECT EXISTING CREDIT LINES - Using leasing allows you to protect existing lines of credit such as loans and overdrafts from your bank
All rates quoted are subject to status and are available for limited companies on items over £2000 ex vat