100% Tax Efficient
Every payment you make on a leasing agreement is up to 100% tax allowable and
can help to reduce your businesses Corporation Tax bill, as long as you are in profit.
Improves Cash Flow
Leasing allows you to buy equipment that is important to your business and keep
valuable cash in your bank that may be used for other projects that are not as tax efficient.
The equipment being leased is the only security that is normally required. No property is used as security.
Fixed Rate Payments
All payments are fixed for the period of the lease and are onlv affected by changes in VAT and capital allowances.
Once you have found the perfect item and you wish to go ahead and purchase it from Ascot Wholesale via the leasing option:
Make a note of the equipment name and price and call our sales office on 01256 769990 to request a proposal form.
Complete our simple Leasing Form below to get the process started.
One of our leasing companies will contact you as soon as possible to discuss your requirements.
Outright purchase: £5,000.00
Lease: £26.76 + VAT per week
(paid by monthly direct debits of £115.98)
60 payments (5 years) £6,958.80
Maximum tax relief 40% (£2,783.52)
Cost after tax relief £4,175.28
A saving of £824.72 against the cash purchase price
As you can see by the example above the lease can have considerable advantages as long as you are in profit.
Also subject to current business status and equipment type.
If you have any queries, please don't hesitate to contact our Sales Department to discuss your requirements.
Call us on 01256 769990
Email us at firstname.lastname@example.org