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leasing
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Why Lease?
IT Leasing – What’s that all about?
IT leasing is relatively new in the UK as companies have always tended to buy equipment outright, but it is extremely popular in the USA where businesses already know the benefits of leasing.
Many UK companies do not know that they are able to offset the full amount of equipment used for their business against the companies’ taxable income, which is a significant benefit to any business, essentially allowing you to write off the full cost of the lease over the agreed term.
Leasing also allows you to spread the cost and accurately budget for overheads during this term, which is well received in these difficult financial times.
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7 Simple Reasons to Lease with Fixed PC |
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You can have brand new equipment now without paying a lump sum, assisting your cash flow and keeping your money where you need it. |
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You will be able to offset all the lease rentals that you pay in any year against your taxable profits for that year. Therefore, you get full tax relief on any leased equipment and this should reduce your tax bill. |
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Leasing is entirely separate from any bank lending or other credit arrangements you may have. |
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By leasing equipment, your overdraft or bank loans are free for use in running your business. |
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Because your lease costs are fixed for the duration of the agreement, you can include each year's rentals in your annual budget and remove any guesswork, keeping it nice and simple. |
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For a tiny fee at the end of the lease, you can buy and own the equipment outright. Find that in a normal lease! |
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You have the option to make an upgrade to your equipment for no extra monthly cost after 18 months, and you keep the original kit. |
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