Finance Lease

A Finance Lease from MAN Finance 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 MAN Finance, 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.

A Finance Lease from MAN Finance: 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 MAN Finances’ 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 Finance would also help the company reduce its tax bills in future years when profits are likely to improve. Both forms