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Office equipment doesn’t come cheap. The cost of replacing or overhauling your office tech, or kitting out a new office from scratch, can put a major strain on your business’ finances. This is especially daunting if, in the back of your mind, you’re thinking you might need to upgrade or change your equipment as your business evolves. These are some of the reasons many of our clients, from start-ups to larger and long-established companies, are opting to lease office equipment rather than purchase it outright. It’s also not as expensive as a lot of people think, with fixed interest rates and 100% of your payments — including purchase, capital and interest — able to be offset against your company’s profit as trading expenses. If leasing office equipment is something you’re considering for your business, our team of number crunchers are on hand for an informal chat to talk through your needs and help you understand the leasing options available which are best suited to you.
If up-front capital is an issue, monthly payments spread out over the length of your lease will enable you to get better quality equipment than you’d be able to afford outright.
Lease rentals are 100% allowable against pre-tax profits. This is HMRC speak that means all your payments, including capital and interest, will be deducted as a trading expense and result in a lower tax bill.
You’re able to upgrade your equipment at any stage of the lease agreement. For start-ups and growing businesses, this offers you far more flexibility to upgrade your gear as your business evolves without the admin headaches that come with selling and repurchasing.
Raman gave me fantastic service today she was efficient and quick assessing my needs and was really friendly all through my interaction. I will more people were like her 🙂
Zoe RoseProblem Support for Franking Machine error. Agent (Raman Sandhu) was very helpful and resolved the error we had on our Franking machine. Very impressed with speed and solution. Happy Customer.
Lawrence LevineReally happy to work with Officeology. Very efficient when we need them and call back very quickly. Special thanks to Raman and Kieran as they are the 2 people I... read more
Christelle Gosalbes