Cammach Industries Limited have partnered with Tower Leasing to offer a range of finance options that make acquiring your equipment simple, affordable and tax efficient.
Tower Leasing Ltd has been operating in the asset finance industry since 1989. Throughout this time the organisation has built many strong relationships with equipment suppliers and businesses in need of equipment across the UK.
Tower takes care of the entire lease process to ensure suppliers and customers enjoy a simple and quick leasing experience.
Along with strong connections with 25+ financial institutions, Tower has access to its own book funds making clearing customers for finance a simple process.
Cammach will be working alongside Tower to provide our clients with an investment solution which will benefit their business greatly.
By choosing to finance our products, you will be able to enjoy some fantastic benefits found below:
How does leasing compare to cash purchase?
Lease vs Buy Example
Assumptions
Equipment Cost: £30,000
Lease Period: 3 Years
Frequency: Monthly
Company’s Tax Rate: 19%
Cash Purchase “Company A”
Year | Capital Allowance | Tax Relief |
---|---|---|
1 | 18% of £30,000 = £5,400 | Less 19% = £1,026 |
2 | 18% of £24,600 = £4,428 | Less 19% = £841.32 |
3 | 18% of £20,172 = £3,630.96 | Less 19% = £689.88 |
Total Tax Relief | £2,557.20 |
Lease Rental “Company B”
Year | Capital Allowance | Tax Relief |
---|---|---|
1 | 12 rentals of £1,001.10 | Less 19% = £2,282.51 |
2 | 12 rentals of £1,001.10 | Less 19% = £2,282.51 |
3 | 12 rentals of £1,001.10 | Less 19% = £2,282.51 |
Total Tax Relief | £6.847.53 |
Company B has chosen to lease its equipment and has gained an EXTRA £4,290.33 in tax relief.
Registered in Senegal, reg’ no: SN DKR 2021 B 36926,
Registered Office: Mezzanine Im. Seydi Djamil Ave Cheikh Anta Diop,
x Leo Frobenius Dakar,
Senegal
Registered Company Name: CAMMACH PROCESS FILTRATION LTD
Registered Address: Breezy Brae Cottage Botriphnie, Drummuir, Keith, Scotland, AB55 5JL
Registered Company Number: SC521854