 | | | Benefits & key features of Hire Purchase options |
| Entering into a Hire Purchase agreement isn't just straightforward, it also brings some great benefits for the business user; |
 | Interest is allowable against taxable profits |  | Writing down allowances are claimable |  | An additional line of credit |  | Vehicle is shown as an asset on the balance sheet |  | Regular payments are kept low if a balloon payment is selected |  | Repayments are not subject to VAT |
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