Woodwork Machinery Leasing & Finance

R&J Machinery have partnered with !leading finance providers to provide our customers with finance packages tailored to your specific, individual needs.

Leasing woodworking machinery will benefit you in many ways:

• Keep cash flow within the business.
• Get the woodwork machinery you want when you need it, not just when budgets allow.
• Enjoy 100% tax relief on all rentals payable.
• Keep up with the latest technology; you are able to upgrade the equipment at any time throughout the lease period.
• Manage your budgets easily with fixed monthly or quarterly payments.
• Protect your existing credit lines by using leasing as an alternative funding facility.

Machine Lease Vs Buy Example

In the following example we are making a few assumptions. Let's say the machine we want costs £7,500, we are opting for a 3-year lease period, we pay our rental quarterly, and our company tax rate is 21%.

Cash Purchase

Year	Capital Allowance	Tax Relief
1	18% of £7,500 = £1,350	Less 21% = £283.50
2	18% of £6,150 = £1,107	Less 21% = £232.47
3	18% of £5043 = £907	Less 21% = £190.47

This gives us a total tax relief of £702.44.

Lease Rental

Year	Capital Allowance	Tax Relief
1	4 rentals of £817.73	Less 21% = £686.89
2	4 rentals of £817.73	Less 21% = £686.89
3	4 rentals of £817.73	Less 21% = £686.89

This gives us a total tax relief of £2,060.67.

The company that has chosen to lease its equipment and has gained £1,354.23 in tax relief.

Call our sales team today on 01455 840224 for a machinery finance quote tailored to your needs.