Where to apply for leasing
Posted: Sun Jan 19, 2025 4:23 am
What calculations are needed to choose a loan or lease
In order for an entrepreneur to decide: leasing or credit, that is, what is more profitable for solving his business needs, it is necessary to calculate the possibility of obtaining the necessary property within the framework of both options. To do this, it is necessary:
clarify the amount of monthly payments to understand the possibility of paying them on time;
find out the intricacies of property rights and the value of the property: this information will be useful when calculating the property tax that its owner pays. And the higher its value, the higher the tax. The data will also be useful when assessing the level of depreciation and the amount of VAT: when selling, the difference between the purchase price of the property and its residual value is significant. The greater it is, the higher the VAT;
figure out which budget item the loan payments will be attributed to. As mentioned above: lease payments can be fully written off as expenses, which will reduce the tax base. In the case of a loan, it is possible namibia whatsapp number data to write off only the interest on it. Accordingly, there will be no tax preferences. This is especially important for businesses operating on the OSNO or the STS "Income minus expenses".
An additional advantageous difference between leasing and a loan is that the latter can only be obtained from banks and other financial institutions.
A leasing transaction can be concluded:
with subsidiaries of banks;
leasing organizations;
manufacturers of vehicles, equipment, special machinery and other lease items;
independent companies.
When choosing a leasing service provider, it is worth paying attention to the length of its presence on the Russian market, the rating of leasing companies, which is usually published in the public domain, as well as restrictions on leasing agreements and other terms of the transaction.
Benefits of leasing
In order for an entrepreneur to decide: leasing or credit, that is, what is more profitable for solving his business needs, it is necessary to calculate the possibility of obtaining the necessary property within the framework of both options. To do this, it is necessary:
clarify the amount of monthly payments to understand the possibility of paying them on time;
find out the intricacies of property rights and the value of the property: this information will be useful when calculating the property tax that its owner pays. And the higher its value, the higher the tax. The data will also be useful when assessing the level of depreciation and the amount of VAT: when selling, the difference between the purchase price of the property and its residual value is significant. The greater it is, the higher the VAT;
figure out which budget item the loan payments will be attributed to. As mentioned above: lease payments can be fully written off as expenses, which will reduce the tax base. In the case of a loan, it is possible namibia whatsapp number data to write off only the interest on it. Accordingly, there will be no tax preferences. This is especially important for businesses operating on the OSNO or the STS "Income minus expenses".
An additional advantageous difference between leasing and a loan is that the latter can only be obtained from banks and other financial institutions.
A leasing transaction can be concluded:
with subsidiaries of banks;
leasing organizations;
manufacturers of vehicles, equipment, special machinery and other lease items;
independent companies.
When choosing a leasing service provider, it is worth paying attention to the length of its presence on the Russian market, the rating of leasing companies, which is usually published in the public domain, as well as restrictions on leasing agreements and other terms of the transaction.
Benefits of leasing