Financing VAT on Dental Equipment
As a dental practice or dental laboratory you will probably want to quality for the Annual Investment Allowance and offset the entire cost of your new surgery and dental equipment against income/corporation tax.
Finance Lease agreements, albeit popular, tax efficient & cash-flow friendly, don’t qualify for the Annual Investment Allowance. Hire Purchase or Lease Purchase is what you need to reduce your tax bill this year but many lenders will require you to pay the full VAT amount together with a sizeable deposit up front.
At TeleLease we view dentists differently. We understand your VAT position and cash-flow limitations and can finance the entire cost of your installation including VAT.
Our Hire Purchase & Lease Purchase agreements are usually structured so that you simply pay monthly in advance with no additional deposit or VAT payment. .
To find out more please complete our information request form and we will call you for an informal discussion.