



We have a new sponsor comning on board, this will be for most of our websites.
The sponsor is a Van Leasing company, we're in final talks with two at the moment and are just getting the best deal out of one of them. Obviously we want this to be a long-standing thing so we're making sure it's right for us all before we announce which one and full details.
I've been looking into this a bit though and it seems you can get decent new vans for a very reasonable monthly fee after you've taken the tax benefits into account. Upto 40% of the costs can be recouped throughout the term and we're getting decent rates as part of the scheme too.
An example given to me was
If you are a higher rate tax payer (currently 40% for non limited companies) you will in effect get 40% of your payment paid back from the tax man.
e.g.
New Navara 2.5 Sport Double Cab
Deposit £2500 less 40% tax benefit =£1500
Weekly Payment £54.98 less 40% tax benefit = £32.98
or, as a 20% tax payer
Deposit £2500 less 20% tax benefit =£1925
Weekly Payment £54.98 less 20% tax benefit = £43.33
Although this is one of the more expensive vehicles.
For a Renault Kangoo
With maximum tax allowance,
your weekly payment of £32.99
becomes
£17.38 a week
And your deposit of
£1750
becomes a
£1050 deposit
I'll keep you posted.



