Office equipment and office automation isn’t always expensive.
Yes its true many have had experiences to the contrary but here at TFMF our pricing is fully transparent and we pride ourselves on the fact that we have never been beaten on a like for like price/product. The data shows us to be on average 48% more cost effective than our competitors when leasing. Over the last 40 years our team have identified the four cornerstone benefits to the customer of leasing office equipment over outright purchasing options. In fact over 75% of all franking systems in the UK are leased.
01
Cashflow is king.
All business of all sizes can benefit by leasing on a fixed term fixed price contract. From the very start you’ll know exactly how much you need to budget with clear quarterly payments that don’t increase. This allows the spread of expenditure and assists the business in maintaining a healthy positive cashflow position.
02
Be tax efficient.
Office equipment including franking systems, folder inserters and more are all 100% allowable against pre-tax profits. HMRC can advise further on the exact implications but its fair to say that all your payments, including capital and interest is deducted as “genuine trading expense” and will result in a lower end of year tax liability, you’ll pay less tax. Outright purchases albeit right for some situations, only allow tax relief on the capital outlay/allowances against the equipment. At this time HMRC grant 18% of the cost of the equipment in year one and then 18% in the subsequent years, this is based on a reducing balance each year.
03
Equipment evolution - in line with your business evolution.
As your business grows and evolves in whatever direction is required, by leasing you will be able to upgrade (or in some cases-downgrade) your equipment in line with any specific needs and business demands.
04
Keep the assets where they belong and maintain healthy cash positions.
By leasing there are no onerous cash outlays up front and by spreading the cost better solution based equipment can utilized giving further operational benefits from day one.
