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Checklist for what to consider when leasing.
At Lovetts we can provide businesses in the Hatfield area with advice and support on a wide range of business issues. This article includes information on leasing equipment.
Leasing equipment rather than buying it can often be better for your bottom line, but it is important to read the fine print and weigh up all the factors before signing anything.
Above all, shop around and compare deals.
Below is a checklist of the most important factors to consider.
This list is by no means comprehensive. There are many other potential pitfalls with leases such as warranty issues, regulatory requirements, taxes, license fees, and public liability.
If you are in the Hatfield area and are looking for support and help from experienced accountants and business advisers, contact Lovetts.
24 Jun
The estimated tax gap for the 2020/21 tax year is 5.1% - the second lowest recorded percentage - and is unchanged from the previous year, according to the latest data from HMRC.
23 Jun
The UK government has announced plans to strengthen rules on 'buy now pay later' services, improving protection for users of the short-term credit.
22 Jun
UK inflation has risen to 9.1% in May from 9% in April as the cost-of-living crisis continues, according to the latest data from the Office of National Statistics (ONS).