 What is Leasing?
Photocopier Leasing is a well-established, tax efficient
method of financing a wide variety of Capital equipment. Values
can range from one, to many thousands of pounds.
Who Leases?
Practically every sector
of the British economy takes advantage of Photocopier Leasing, from small
“one man bands” through to large multi-national organisations.
 How Does It Work?
Leasing is a contract between a finance
company and a customer, giving the customer use of the equipment
on payments of rentals over a period. When you lease equipment
you make a series of regular (usually 3 monthly) payments, instead
of large Capital Outlay.
Why Not Buy Equipment
Outright?
The cash
flow and tax relief benefits of leasing provide a very strong
case against cash purchase. If you buy equipment outright the
Capital invested becomes, in effect, tied up in a depreciating
asset.
Photocopier Leasing on the other hand allows you
to save resources for other purposes or opportunities.
Will The Rental
Amount Change?
No. The only way the amounts
would increase during the leasing term is if the government chooses
to increase the rate of VAT.
Do I Get To Keep
The Equipment At The End Of The Lease Period?
Lease rental is just that…. a rental
agreement. Title to the goods remains with the finance provider,
which means the equipment does not show on your company balance
sheets therefore not needing to be depreciated over a fixed period.
This of course gives you the advantages mentioned in question
4, as well as the benefit of staying in touch with the latest
technology, by changing your equipment towards the end of your
lease.
What If We Decide
To Replace The Equipment?
A Photocopier Leasing facility allows businesses
to keep up with changes in technology as your original installation
can be altered either during or at the end of your lease period.
The normal reasons for this is due to a customer’s expansion
of business and their changing needs.
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