what's best for your business?
Leasing is a very cost-effective way to invest in business equipment. In addition to its many benefits this option competes very well in simple monetary terms.
Because finance lease rentals are 100% allowable against pre-tax profits, the total cost of your purchase, capital and interest can be offset during the lease period, with payments deducted as a trading expense. A cash purchase will allow tax relief only on the capital allowances on the equipment. Contrary to popular belief leasing is not expensive, in fact the real cost of a lease can be significantly lower than the payments made.
Future Digital Systems Ltd is authorised and regulated by the Financial Conduct Authority
To buy the equipment, all you have to do is to decide which solution you need to purchase and then purchase it.
After a point of time the equipment will get old and outdated in an ever evolving world of technology. If you have bought the equipment then you are stuck with it. Selling it and buying new upgraded equipment also requires a lot of capital at the disposal of your business. Leasing solves all these problems while not having to spend as much in one transaction.