Furthermore, for Finance Leases of five years or less, as Iveco Capital remains the owner of the asset, they claim the writing down allowance and the benefit is passed to you in your rental payments.
IVECO’s Stralis X-Way is just the job for Nixon Hire - FleetPoint
Your cash flow is eased still further because you pay VAT on the monthly repayments, not on the principal purchase cost. In addition, you claim tax relief on the rental based on the finance charge and depreciation charge through your profit and loss account.
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