Financial benefits for businesses
There are lots of reasons why leasing makes good financial sense. And for businesses, there are even more...
1) Free up cash flow
Don't tie up thousands of pounds in a depreciating asset - it's a waste of money - particularly in today's economic climate.
Leasing is a great way to free up valuable cash flow - Enabling you to invest money in other areas of your business.
2) Free up credit lines
Contract Hire is an off balance sheet funding method which frees up credit lines. This will help your accounts look like you don't have too many loans - freeing up credit for other things.
3) Tax advantages
For new cars registered from 1 April 2009, companies will be able to offset 100% of their leasing payments against their tax bill if the vehicle is below the 160g/km threshold, irrespective of its capital cost.
4) Allowable tax
Again, you can save money by reclaiming 100% of the VAT on maintenance packages. And 50% of the VAT on the monthly payment (100% on vans).
Other benefits
For more benefits (business and personal), visit our leasing advantages page.
Like the sound of these benefits?
Want to discuss leasing further? Call us on 0845 052 5268 or send us an enquiry.
