Machine Leasing Calculator
Simply enter the cost of the machine and select how may you require for an instant leasing cost.
Useful notes:
Lease payments are treated as an operating cost and therefore 100% allowable against pre-tax profits, so the real cost of your lease is dramatically lower than you might think.
You only pay VAT on the rentals as they fall due whereas with a cash purchase the full amount of VAT is payable on day one.
Cash purchases only attract a writing down allowance against either corporation tax or income tax of 40% in year one and 25% thereafter on a reducing balance basis.
Rental Payments are fixed and are immune to economic or political climate change. The sheer fact of inflation means the true cost of leasing reduces over the period.