As with all finance leases, your business IT finance is tax-friendly, being 100% deductible from your corporation tax bill and the VAT is paid monthly, allowing you to claim the VAT back on your IT purchase every quarter.
As we continue to move into an era where technology and IT equipment almost becomes ‘disposable’, leasing is a brilliant way of making sure you get the value out of your IT equipment and technology as you use it. You pay for the equipment over the ‘useful lifespan’ of the equipment. By the time the lease has finished, you are ready to upgrade to the newest, state of the art technology.