Finance lease quote calculator

Use our free finance lease quote calculator can help you estimate your monthly payments, costs and tax relief.

£
.00
2 years

This calculator is intended for illustration purposes only and exact payment terms should be agreed with a lender before taking out a loan.

All figures quoted are indicative only and subject to VAT, final underwriting, admin fees, payment by Direct Debit and the lenders terms and conditions. Leasing is 100% allowable against taxable profits. The above tax relief figures assume 18% small profits rate and may demonstrate self-financing. For exact taxation benefits relevant to your business it is recommended that you seek professional financial advice from your accountant or tax advisor. A documentation fee of £195 + vat and annual service charge of £40 + vat applies. An asset protection charge maybe included if the equipment is not covered under your own policy.

Your results

Monthly payment

£

Weekly cost

£

Total cost

£

Estimated tax relief

£

Net cost after tax relief

£

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How to calculate a finance lease

A finance lease allows businesses to use an asset while spreading the cost over time. Here’s how to calculate lease payments and tax savings:

1. Finance lease calculation

Example:

  • Asset Cost: £50,000
  • Residual Value: £10,000
  • Interest Rate: 6% per year (0.5% per month)
  • Lease Term: 60 months
  • Monthly payment: £771.60

2. Tax savings calculation

Lease payments are tax-deductible, reducing taxable profit.

Example (25% Tax Rate):

  • Monthly Tax Savings: £192.90
  • Total Savings Over 5 Years: £11,574
  • Net Cost After Tax: £34,722

This approach helps businesses manage cash flow while benefiting from tax relief.

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