Total Solution Leasing from WestWon
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Total Solution Leasing

Total Solution Leasing example

A supplier we work with
£78,931.05
36 months
£2,518.67 per month
Having just bought their 5,000 square foot office, there was then the cost of IT, audio visual, CCTV, air conditioning and office furniture to fund. With stamp duty, legal fees and a significant deposit to finance, leasing was a sensible option for everything else

Cash flow
Allowing you to keep funds in your business for other uses
Alternative funding lines
No need to use up an existing bank facility
VAT
On rental agreements VAT is paid in the rental, not in full and upfront
Tax planning
Using a lease purchase agreement, if your investment in assets in one year is £200,000 or under, subject to some HMRC conditions, this expenditure can be fully offset against Corporation Tax. For many customers, a lease rental is a great solution as all rental repayments are allowable against Corporation Tax

Budgeting
A lease repayment covers the cost of the equipment and interest. This makes internal allocation of costs very easy for those companies wishing to divide the cost by headcount, department or even square footage
Budgeting
It’s easy to budget for a fixed rental payment over a three or five year term
Pay for the equipment as you use it
Would you pay a new employee three years’ salary in advance, probably not. So why pay for their desk, computer or car in advance?
Obsolescence
Under the WEEE directive, you have an obligation to dispose of certain assets in an environmentally friendly way. If you rent the equipment, you can just hand it back at the end of the rental term.

January 20, 2014/by admin