Get 100% Tax Relief with AIA & MV Asset Finance
<strong>Do you want to get 100% tax relief on asset investments of up to £1 million?</strong><br><br> With the Annual Investment Allowance announced in the budget by the Chancellor of the Exchequer you can offset the value of your total vehicle cost against your company’s taxable profit for the year – saving you up to 19% on your business investment.
Do you want to get 100% tax relief on asset investments of up to £1 million?
With the Annual Investment Allowance announced in the budget by the Chancellor of the Exchequer you can offset the value of your total vehicle cost against your company’s taxable profit for the year – saving you up to 19% on your business investment.
You don’t even have to purchase these assets outright to gain the full level of tax relief! If your business would like to retain its cash reserves you can get the same allowances on assets financed through Hire Purchase arrangements.
MV Asset Finance can provide expert guidance on the best finance solution to help grow your business. Call Julie Graffen on 01236 280290 or visit our Asset Finance Website today to find out more.
Finance Example
A Customer making £350,000 profit buys a DAF CF Tipper grab for £144,000.
This entire £144,000 is allowable against tax, so he effectively reduces his tax bill by 19% (the current corporation tax) of the £144,000 = £27,360.
So his tax bill on £350,000 would have been £66,500 and is now only £39,140. The truck has actually not cost him £144,000, it has only cost him £116,640 with a saving of £27,360.
Would you also like to save with Finance?
If you would like to talk to our professional Asset Finance team about the best ways to finance your business growth, please click the button below.
