Latest Asset Finance Market Report

Asset Finance Figures Increase Despite all the market uncertainties surrounding the are-we-in-or-are-we-out Brexit fiasco, asset finance figures have been achieving ever-higher levels of new business overall. Record new business The March 2019 report from the Finance and Leasing Association (FLA) shows a record level of monthly new business of £3.7 billion. That’s up 11% on March 2018. Taking Q1 2019 as a whole, new asset finance business also increased by 11% over Q1 [...]

By |May 22nd, 2019|Categories: Asset Finance|0 Comments

Monthly Business Budgeting

How To Improve Your CashflowRunning a business is complicated enough that, often, you lose sight of the very thing you went into business to do. Many small and medium enterprises suffer from administrative difficulties that lead to stress and anxiety and that feeling of there being simply too much to handle.One area that causes a huge amount of concern for SMEs is proper business budgeting.Using leasing to improve your financial controlThe business model of [...]

Bring Your Own Device to School

Bring Your Own Device to School: Advantages & Disadvantages What is BYOD? We know that tablets and laptops are a part of a teenager’s life. Some schools have banks of tablets and laptops that are readily available to be used for a few classrooms. However, these schools are few and far between. Many schools can’t afford that much technology in one classroom. Schools have to be convinced that this investment is worth it. [...]

Adoption of Leasing Models

Moving to a Leasing Model – How Mobile Phone Contracts Show Us the Way We all like to have the latest equipment, especially in business. Being able to show you are at the cutting edge of technology can be very important – it encourages your employees and means you present well to clients. Not only that, but it gives you access to the advantages that top-end technology offers. The potential financial outlay to [...]

Pre-Brexit Bounce for Asset Finance

Asset Finance Continues to Grow Despite Uncertainty It might be hard to believe but, in the midst of the turmoil around the UK’s exit from the European Union, there are positive signs in the FLA’s most recent set of statistics on asset finance volumes. The newly published figures show growth of 4% for the twelve months to the end of January 2019 against the same period last year, and the rolling three-months to [...]

By |March 15th, 2019|Categories: Asset Finance|0 Comments

Contract Hire Offers

New contract hire offers from Maxxia! Take a look at some of our current special offers We have a new selection of special offers to share with you. The prices are keen, the vehicles are available and the stocks are limited, so act quickly to make sure you don’t miss out. This month’s offers include the Mercedes E300e plug in hybrid which combines electric power with a diesel engine. For those high mileage [...]

Keep Calm – Carry On Investing in your Assets

Asset Finance Remains Popular The latest figures from the FLA tell a positive story about the asset finance market’s robustness during 2018. Despite widespread market fluctuations (not helped by Brexit), with the exception of motor finance, the amount of asset finance provided to UK businesses, across all the other sectors the FLA monitors, showed month on month and year on year growth when compared to 2017.  In 2018, the overall value of new [...]

By |February 22nd, 2019|Categories: Asset Finance|0 Comments

Annual Investment Allowance

Annual Investment Allowance Increases Tax relief for investment in business assets In the 2018 budget Phillip Hammond announced the most generous Annual Investment Allowance increase ever.  January 2019 marks the point at which the new £1 million allowance limit comes into force. The Annual Investment Allowance delivers 100% tax relief in the year of purchase on the cost of a wide range of assets, including plant and machinery, LCVs, HGVs and other commercial [...]

By |February 4th, 2019|Categories: Asset Finance|0 Comments

Digital Tax

How Does HMRC’s New Electronic Tax System Affect Your Business? With the near-ubiquitous nature of digital systems, it almost feels as if Her Majesty’s Revenue and Customs is late to the party. However, the changeover to digital tax returns that the government is currently rolling out is causing waves through the business world. Many small companies not yet ready to move over to a paperless model and larger companies now have only a [...]

By |January 23rd, 2019|Categories: Accounting, Asset Finance|0 Comments
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