Why Go for Lease ?? See below for an example !
Say Equipment price is £6500.00 (example)
Buy Now Cash:- You will gain the following interest @ 5%
Year 1 = £325.00
Year 2 = £341.25
Year 3 = £358.31
Total Interest gained = £1024.56
Finance Agreement = 100% Tax Deductable
( Total repayments = £7898.60)
Minus tax allowances on Finance -
at 40% of £7898.60 = £ 3159.44
Total Tax allowance = £ 3159.44
Total Repayments.......................£ 7898.60
Minus Tax Allowances................£ 3159.44
Minus interest gained on Capital..£ 1024.56
Total Cost by Finance.........Only £ 3714.60
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