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Try leasing to ease your credit lines

THE availability of ready credit remains increasingly difficult to source, particularly for small businesses. But if you turn to car leasing, you can access a new line of credit without impacting access to working capital. Editor Ralph Morton explains.
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Car leasing: credit source for business owners

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20 June 2009

“If you are a smaller company or a small user of rental, you might find you don’t have the pulling power of bigger buyers. However, a rental broker will be able to pass on the buying power they have to even the smallest business – including a competitive price.”

New tax rules favour car leasing

And, finally, the other good reason to consider car leasing now is that all new business car leasing costs – since the beginning of April – are fully tax-deductible for all cars with emissions below 161g/km*.

Even for those cars with emissions of 161g/km and above, 85% of the rental can be put against the profit and loss account.

So if leasing hasn’t been on your radar before, it really is worth considering now.

Further information on car leasing

*Click on our Tax section for the latest updates on car leasing – as these rates have now changed to sub 130g/km

Read the Editor’s Blog for more on the subject of car leasing and daily rental: Use rental to your advantage

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Ralph Morton

Ralph Morton

Ralph Morton is an award-winning journalist and the founder of Business Car Manager (now renamed Business Motoring). Ralph writes extensively about the car and van leasing industry as well as wider fleet and company car issues. A former editor of What Car?, Ralph is a vastly experienced writer and editor and has been writing about the automotive sector for over 35 years.

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