Thanks for the Business is our way of rewarding equipment suppliers and professional introducers for the successful new business introductions made during 2012.

The scheme offers Tax Paid Store Vouchers to spend in some of the UK’s most popular high street shops and there is no limit to how much you can earn.

• Choice of stores
• No earnings limit
• Income tax paid at basic rate
  
• National Insurance paid
• Easy to achieve
• Delivered to your door

Your reward is geared to the value of the business you introduce.  For example a typical lease on £50,000 of IT equipment could pay you £500 of vouchers.

Click here to see the range of stores you can choose from.

Terms and conditions

• “The scheme” means the Thanks for the Business Non Cash Voucher Reward Scheme operated under the TeleLease Ltd Taxed Award Scheme as approved by HM Revenue & Customs.
• “We” and “us” and “our” and “TeleLease” means TeleLease Ltd.
• “You” and “your” means a person approved by TeleLease to participate in the scheme.
• “Store Vouchers” means non cash store vouchers or gift cards (electronic or otherwise) procured from a store chosen by TeleLease and issued from time to time.
• “New Client” means a client that TeleLease has not previously dealt with or had direct contact with and that you are instrumental in introducing to us and for a period of 12 months from the date of that introduction.

1. We will issue you with Store Vouchers when a New Client is approved for credit and enters into a finance agreement or lease agreement with us or one of our underwriters which is fully paid out and complete.

2. The value of Store Vouchers will depend upon the size and profitability of the deal and will be decided by us at our  absolute discretion.

3. We will pay Income Tax at the basic rate of 20% on the value any Store Vouchers we issue to you.  You will be responsible for declaring the value of any vouchers to HM Revenue and Customs as part of your personal tax return and if your total earnings, including the value of the vouchers, requires you to pay income tax at a higher rate then you will be liable for the difference between the tax paid by TeleLease at the basic rate and the upper rate that applies to you on the gross value of the vouchers.

4. Upon request we will issue you with a certificate to confirm the amount of tax paid on the vouchers you receive.

5. Under the Scheme Class 1 (employees) National Insurance is not due and Class 1A (employers) National Insurance will be paid on the value of the Store Vouchers by TeleLease.

6. TeleLease offers no warranty and accepts no liability for goods purchased with any Store Vouchers.

7. Participation in the scheme is entirely at our discretion and the scheme may be withdrawn at any time without notice.

8. This scheme replaces any other scheme or commission or incentive that we may previously have offered and is not available in conjunction with any other scheme of commission payment.

9. We reserve the right to remove stores from the scheme without notice.

10. The law of England shall apply.