A Finance Lease from MAN Financial Services (MFS) is the
ideal choice for companies currently generating insufficient
profits to take full advantage of Writing Down Allowances in
respect of any new assets acquired.
By entering into a Finance Lease through MFS, operators
gain the ability to enjoy these allowances in full, with the
benefits being reflected in our economical rental rates.
These rentals are fully tax deductible and, by opting for a
Finance Lease, this will enable you to reduce your tax bills
in future years as your profits increase.
An MFS Finance Lease: the simple and often
tax-efficient way to acquire the assets you need
without having to draw on your company’s
capital reserves.
For example, a company with an immediate requirement
for additional vehicles in order to fulfil a new contract; as a
result of this new business, the company anticipates being
more profitable in the following year.
The question is:
Should your additional vehicles be financed using
a Finance Lease or Hire Purchase?
Should the company finance
the vehicles by Hire
Purchase, it would be unable
to make full use of its
entitlement to Writing Down
Allowances because there
are, at present, limited profits
against which to set them.
By financing the vehicles using a Finance Lease, the
company would gain from MFS’ ability to benefit from full
Writing Down Allowances on the equipment, these then
would be reflected in reduced rentals.
With these rentals being fully tax deductible, a Finance
Lease with MAN Financial Services would also help the
company reduce its tax bills in future years when profits are
likely to improve. Both forms of finance would enable the
company to have immediate use of the vehicles it needs.
However, because of the company’s tax position, the
choice in favour of an MFS Finance Lease is clear to see.
Click here to download the Finance Lease brochure
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