Equipment & Asset Finance – Capital Allowances Also known as the ‘super deduction‘, there is an increase in what companies can claim back against their corporation tax when purchasing new assets or equipment. Historically, companies could claim back the cost of new equipment and asset purchases as a P&L cost, meaning that their corporation tax
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Sale Finance – Another term for your buyer using finance to complete their purchase from you. Explain More! You go into Comet, poor example, you go into PCWorld and want to buy a new LED TV, perhaps add on that Bose surround sound system, really go for that full cinema experience. You are speaking the
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Finance Lease or Operating Lease? Which is which and why should I be bothered which one I use? It is commonly accepted that leasing is a good way to finance the purchase of assets, whether that be equipment, soft assets (fixtures/fittings) or a new system to be installed in your premises (air-con, solar panels). The
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Traditional finance for the purchase of equipment, assets, upgrades of kit etc, is all pretty normal and standard practice, as is HP (Hire Purchase) or traditional asset finance. However, finance lease is becoming a more popular method of funding assets and with some good reasons. The Difference? Take a standard business loan or hire purchase
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