→
Leasing CostsLeasing Costs
A typical Sage 50 Manufacturing implementation starts at around £10,000, this could be financed over a 3 Yr lease with Sage. The tax savings make this a route you really should look at, I suggest asking your accoutant for advice on this.
If you have issues around the lease route then please call me Nic Rowley on 02476 694489
Amount to be financed: £10,000 Lease Term: 3 Years (36 Months)
Payments per month £330.00
Cash vs Lease comparison
Net Discounted Cost of Leasing: £7,780.00
Net Discounted Cost of Cash Purchase: £8,940.00
Lease net saving of 12.98% (£1,160.00)
Tax reduction on finance Tax reduction on cash purchases
Small Business Large Business
Year 1 £3,960.00 £4,000.00 £2,000.00
Year 2 £3,960.00 £1,200.00 £1,600.00
Year 3 £3,960.00 £ 960.00 £1,280.00
Total Allowance
£11,880.00 £6,160.00 £4,880.00
This is an indicative quote and is purely for information and illustrative purposes only.
Financial assumptions: Cost of capital employed at 10%, Corporation Tax rate at 28%, writing down allowance rate (Small Business) at 40% for the 1st year, and 20% for subsequent years. (Large Business) turnover >£11.2M, >50 employees, 20% in Year 1 and 20% in years following.