Have you considered the benefits to your business by Leasing Workshop Equipment & Tools?
100% tax Efficient
All leasing payments are 100% tax allowable. Every payment that is made on a leasing agreement could
qualify to reduce a business Corporation Tax bill.
Equipment & Tool Purchases from only £1000.00 + VAT
Our Leasing partners can provide leasing from £1000 + vat upwards This could include
any single item of Workshop Equipment or a combined range of tools and equipment, benefiting from UKtools Low Prices.
IMPROVES CASH FLOW
Leasing allows you to purchase equipment that is important to your business and keep valuable cash in your bank that may be used for other projects that are not as tax efficient.
UNSECURED BORROWING
Equipment that is being leased is the only security that is generally necessary. No property is used as security, Occasionally the leasing company may need directors guarantees for some limited Companies
FIXED RATE PAYMENTS
All payments are fixed for the period of the lease and are only affected by changes in VAT and Capital Allowances.
Compare Leasing to a cash purchase
Example Payment Plan
Purchase Amount (Tools & Equipment) £4000.00
Payable over 5 years (60 months) £21.42 + vat per week
(paid by monthly direct debits of £92.80 + vat)
Total Payment after 5 years £5568.00 + vat
Maximum possible TAX relief 40%* £2227.20
Cost After Tax Relief £3340.80
Total Saving from Cash Purchase Price £659.20
*All prices quoted are estimated and subject to vat, tax relief is subject change & current business status including equipment type.
To Request a Quotation on UKtools Products using the leasing option:
1. Add all the Equipment & Tools to your Shopping Basket (as you would on a standard purchase)
2. Checkout your purchase and Create your Account
3. Payment option select: LEASING QUOTE .
4. Include relevant details in "Add Comments About Your Order Box" Such as:
How long have you been trading?
When are you considering buying the equipment?
Do you have a specific term (i.e. 3 or 5 years)?
5. Complete the checkout and your details will be forwarded to our Partner Leasing company, who will contact you with a quotation.
If you need any further information regarding Leasing please contact us via our Contact Page.To speed up any communication please logon to your account before communicating via the contact page or create an account
Please Note: Leasing is available for Business based in the UK only and subject to status. The information on this page is for guidance only and subject to change without notice.
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