Equipment Leasing

 

J Berry Cctv Ltd has partnered with finance provider, Tower Leasing Ltd, to provide you with the option of a more

affordable solution to suit your business needs.

Tower Leasing Ltd has been operating in the asset finance industry form over 28 years. Throughout this time the organisation has built many strong relationships with equipment suppliers and businesses in need of equipment across the UK.

Tower takes care of the entire lease process to ensure suppliers and customers enjoy a simple and quick leasing experience. Along with strong connections with 20+ financial institutions Tower has access to its own book funds making clearing customers for finance a simple process. J Berry Cctv Ltd will be working alongside Tower to provide you with an investment solution which will benefit your business greatly.

By choosing to finance our products, you will be able to

enjoy some fantastic benefits:


 Keep cash flow within the business.
 Get the equipment you want when you need it, not just when budgets        allow.
 Enjoy 100% tax relief rentals payable.
 Pay weekly, monthly or quarterly payments over a chosen period of            time rather than handing over one large lump sum.
 Keep up with the latest technology by upgrading the equipment at any

    time throughout the lease period.
 Structure your lease payments to suit your budgetary needs and

    allowances.
 Protect your existing credit lines by using leasing as an alternative

    funding facility.

So how does leasing compare to cash purchase?

 

Lease vs Buy Example

Assumptions
Equipment Cost: £2,000
Lease Period: 3 Years
Frequency: Monthly
Company’s Tax Rate: 20%

Cash Purchase
Capital Allowance Tax Relief
Year 1
18% of £2,000 = £360.00    Less 20% = £72.00
Year 2
18% of £1,640 = £295.20    Less 20% = £59.04
Year 3
18% of £1,345 = £242.21    Less 20% = £48.41


Total tax relief: £179.45

Lease Rental
Capital Allowance Tax Relief
Year 1
12 rentals of £69.60    Less 20% = £167.04
Year 2
12 rentals of £69.60    Less 20% = £167.04
Year 3
12 rentals of £69.60    Less 20% = £167.04

Total tax relief: £501.12

Company A has chosen to lease its equipment and has gained £321.67 in tax relief.

To Learn more about leasing

Contact Tower Leasing

EMAIL: duke@towerleasing.co.uk

Tel: 01753 837 083