Blog

chartered accounting tablet

The time to buy…

With interest rates at an historic low, and a raft of tax incentives that encourage investment, there has never been a better time to buy, rather than borrow, business assets. Leasing has long been considered good business practice - cash is king and leasing frees up cash flow and working capital. Certainly, leasing is important, but in the current climate, owner managers should be considering buying their assets before an attractive window of opportunity to make substantial tax savings closes. For businesses needing to borrow, with interest rates in touching distance of zero there is currently a great opportunity to negotiate...