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Leasing is a very cost-effective way to invest in business equipment.
In addition to its many benefits, leasing makes business sense.
Equipment Cost: £7,500
Lease Period: 3 Years
Frequency: Quarterly
Company Tax Rate: 19%
Cash Purchase
Total Tax Relief
£639.30
Lease Purchase
Total Tax Relief
£1,752.75
Leasing is a very cost-effective way to invest in business equipment.
In addition to its many benefits, leasing makes business sense.
A lease option is simple and safe – with the fixed, transparent cost throughout the lease period there will be unexpected prices increase or suprises.
Your business can stay up-to-date with the latest equipmen. Leasing provides you with the option of upgrading the equipment at any stage throughout the agreement by simply restructuring the payment schedule.
Offset 100% of the rentals against your tax liability to maximise tax efficiency.
A business printer or photocopier can cost anything between £100 to well over £20,000. Multiply this figure by the number of devices a business needs and the costs can quickly escalate. For many small businesses, outright ownership may too expensive, which is why renting or leasing a printer/photocopier can be the best solution.
For many organisations, commercial printers and photocopiers are a piece of necessary equipment, but not a lot of thought or research goes into how to find the best solution.
It is important to note that equipment over time degrades and companies are locked out of any new technology once they have purchased the hardware. When purchasing your multifunctional devices, companies are exposed to the costs associated with the running and maintenance of these machines. Printer leasing, therefore, is a great alternative allowing businesses to keep up with the technological advancements. Especially for small businesses. In the short run, renting and leasing enable you to save money. Renting a printer in the UK can cost you as less than £10 a week depending on the hardware and is a great solution for businesses that have high printing needs periodically.
If you think that leasing a printer suits your business model, complete our 60-second form and get up to four free, non-binding quotes tailored to your business needs.
