Finance Leasing is a cost effective agreement that is beneficial for VAT registered companies, with low monthly payments for easy budgeting and enables you to share the potential rewards of the resale value of the vehicle.
Benefits of Finance Leasing
Low cost initial payments.
Affordable fixed monthly payments to make budgeting easier.
The vehicle is treated as an asset on a balance sheet and the rentals, or a proportion of the rentals can be deducted from taxable profit, dependent on the vehicle.
VAT registered companies can reclaim the VAT on the monthly rentals.