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Many people believe leasing is an expensive option. This simply is not the case. This is why even large 'cash rich' companies are choosing to lease.
Unlike many high street bank facilities or overdrafts that are
subject to the change in market
conditions, a lease facility with its
protected payment and fixed
interest rates allows for effective
future budgeting.
Because finance
lease rentals are 100% allowable
against pre-tax profits, the total cost
of your purchase, capital and
interest can be offset during the
lease period, with your payments
deducted as a trading expense.
Contrary to popular belief leasing is
not expensive, in fact the real cost
of your lease can be significantly lower
than the payments you make!
A cash purchase will allow tax relief only on the capital allowances on the equipment. This is currently 40% of the cost in the first year and only 25% in subsequent years based on a reducing balance each year.
Visit our lease v cash page for a demonstration
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