Business Contract Hire (BCH) allows your company to lease a modern, reliable vehicle, all without carrying depreciating assets on your balance sheet as you do so.
Key advantages of choosing business leasing with JT Hughes include, for example:
Predictable Outgoings
Fixed monthly rentals make your cash flow forecasting straightforward and avoid surprise bills.
Favourable Tax Benefits
Depending on your VAT registration status and vehicle emissions, you can reclaim a significant portion of the VAT on both your finance and maintenance costs.
Low Benefit-in-Kind (BIK) Rates
Because Honda hybrids and electric models give you low carbon dioxide emissions, your company car drivers can make substantial annual savings on their personal income tax.
Optional Maintenance Packages
You can even add full service, tyre replacement, and routine upkeep into your monthly payment to save internal administrative time and remove those unexpected workshop invoices as well.
Personal Contract Hire (PCH) Agreements
We can also tailor any Personal Contract Hire (PCH) agreements for individuals who prefer the simplicity of leasing a vehicle for a set period without taking on ownership at the end.