Efficiency
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You could buy your systems at a lower net cost than paying cash! For many organisations using payment terms that are based on some sort of leasing or rental agreement can be exceptionally tax-efficient. The simple table below shows why: | | Cash Purchase | Lease Rental | Capital Cost | £10,000 | £10,000 | Monthly Payment over 3 years | | £320 | Total Payable (Gross) over 3 years | £10,000 | £11,520 | Tax Allowance over 3 years | £1,734 | £3,456 | | | | | Total Payable (Net) over 3 years | £8,266 | £8,064 | | | | | Cash Preserved | NO | YES |
Please note: Tax treatment varies from organisation to organisation Call our sales team now on 0800 3196032 or email sales@northernstar.co.uk to find out more about how we can help finance your IT purchases.
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