Our leasing facility has particular benefits to professional firms.
Because the partners in these firms pay tax at 40%, leasing offers significant savings over paying cash or using a loan facility. This is because lease rental payments are fully allowable against taxable profits, and do not have to be capitalised in the same way as purchases made using cash or loans.
Another benefit to growing firms is that leasing is included as a revenue item in the firm’s overheads. New partners will pay towards this out of their general contribution; current partners are not paying up front for capital expenditure which future partners coming into the firm will benefit from.
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Focus Leasing, 1 London Road Office Park, London Road, Salisbury. SP1 3HP