These tools are for UK incorporated businesses only and illustrate payment assumptions for discussion. They do not provide a quotation, a lender decision, a credit search, a tax result, financial advice or confirmation that any structure will be available. Adjust the inputs and compare the information against the actual proposal and documents.
This is an amortisation illustration using the annual-rate assumption you enter. It assumes payments are made monthly and does not include lender fees, documentation fees, insurance, maintenance, VAT, tax, changes to rates, arrears charges or any agreement-specific conditions.
Set each rate and residual assumption yourself. This comparison is a payment illustration only; it does not compare tax, VAT, accounting, legal ownership, risk, service arrangements, provider criteria or the full terms of an actual hire-purchase or finance-lease agreement.
Hire purchase assumptions
£1,141.32 / month
Illustrative total including stated residual: £59,783.18
Finance lease assumptions
£1,268.13 / month
Illustrative total including stated residual: £60,870.20
This website does not determine whether a tax allowance, VAT treatment, accounting treatment or legal outcome applies. Those questions cannot be answered from asset price and term alone.
Before relying on tax, VAT or legal guidance, a qualified adviser may need to consider the legal form of the business, asset category, whether an asset is a car or non-car, condition and intended use, acquisition date, accounting period, ownership or agreement type, connected businesses and the executed documents. Annual Investment Allowance, full expensing, first-year allowances and writing-down allowances are separate regimes with different conditions.
See GOV.UK capital-allowance guidance and obtain specialist advice before filing, entering an agreement or relying on a potential tax or VAT outcome.
No tax calculation is displayed. This avoids presenting an allowance or saving as certain when the required eligibility conditions and professional review are not available.
A planning tool does not carry out a credit search or generate a lending decision. Use a published contact channel to discuss an asset and the assumptions you want to test.
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