Tax Benefits of Leasing

As well as making you money, web leasing can also save you money. Whether your business is profitable or still in its infancy hire purchase of a website as opposed to an outright purchase makes economic sense. By taking advantage of capital allowance you can save money either through deducting the cost of your monthly rental from your gross profit at the end of the year or we can claim capital allowance on your behalf and pass on the savings to you through a reduced monthly rental cost.

If you are a profit making company then in most cases you can deduct the cost of your web lease from your tax income and it is counted as a trading expense. The tax benefits of leasing a website outweigh the benefits of buying one. When you commission web leasing to design your business site you will receive a tailor made service at a fraction of the cost a team of designers would cost to employ. Save money and maximise your business in one shrewd move.

Alternatively if your business is in the development stage, leasing a website may be just the boost you need. If you’re not in a position to claim tax back on your net profit or if you’re paying corporation tax, then you can still benefit from web leasing. We will obtain the capital allowance in place of you and the savings that we receive will filter through to you in the form of a lower rate on your monthly lease. Whatever situation your business is in, the benefit of web leasing is twofold so you can capitalise on this regardless of your circumstances.

Web leasing is fully tax deductible. Reclaim a proportion of your monthly payment by writing off the tax from your annual net profit. Lease a website, advance your business and save money. You’re in a win/win situation.

For more information on the tax advantages of web leasing, call us now.