CAT Leasing
Improve your cashflow by leasing with CAT Ltd
Paying for IT over time with a flexible finance solution from CAT has obvious benefits for your organisation’s cash flow. Did you know that there are also considerable tax advantages too?
Flexible finance is the most cost-effective solution as well as the most convenient.
100% tax deductible
Technology acquired using a lease is 100% deductible against tax, meaning that you can claim back the tax on every penny that you pay. The savings can be substantial, even after you calculate the interest payable on the lease!
Tax saving example
Company X decides to invest in £20,000 of IT:
- Costs of goods £20,000
- 3-year lease at £1,926.40 per quarter
- Total payable = £1,926.40 x 12 = £23,116.80
- Interest payable = £3,116.80 over three years.
- Lease is 100% tax deductible.
- Assuming tax rate is 25% the tax rebate is £5,779 (£23,116.80 x £0.25).
- Deduct this sum from the total payable of £23,116.80, REDUCING the cost to £17,337.80.
Customer X saves £2,662.20.
The customer actually SAVES money through the lease of equipment verses the cost of an outright up front purchase.
Another benefit of leasing is:
Instead of paying for equipment with a single ‘cash sapping’ capital payment, the CAT finance solution enables businesses to pay over time rather than having much needed cash tied up in their IT budgets.
Can CAT provide you with a quote for a leasing option?