Lease Cost Data
Typical Sage 50 Manufacturing implementation starting at £10,000, financed over a 3 Yr lease with Sage.
Whatever the Sage system, Sage can finance the whole project including Support and Hardware.
The tax savings make this a route you really should look at, I suggest asking your accountant for advice on this.
If you have issues around the lease route then please call one of our Sage specialists on 02476 694489
Amount to be financed: £10,000 Lease Term: 3 Years (36 Months)
Source: Syscap online quote 16/9/09Payments per month £330.00
Cash Vs Lease comparison
| Net Discounted Cost of Leasing: | £7,780.00 |
| Net Discounted Cost of Cash Purchase: | £8,940.00 |
| Lease net saving of 12.98% | £1,160.00 |
| Tax reduction on finance | Tax reduction on cash purchases | |
| Small Business | Large Business | |
| Year 1 £3,960.00 | £4,000.00 | £2,000.00 |
| Year 2 £3,960.00 | £1,200.00 | £1,600.00 |
| Year 3 £3,960.00 | £960.00 | £1,280.00 |
| Total Allowance | ||
| £11,880.00 | £6,160.00 | £4,880.00 |
This is an indicative quote and is purely for information and illustrative purposes only.
Financial assumptions: Cost of capital employed at 10%, Corporation Tax rate at 28%, writing down allowance rate (Small Business) at 40% for the 1st year, and 20% for subsequent years. (Large Business) turnover >£11.2M, >50 employees, 20% in Year 1 and 20% in years following.