Regardless of the shape or size of your business, Business Van Leasing offers a myriad of benefits, making it a really smart choice. To find out more about the tax and accounting benefits of business van leasing, along with the staff-related benefits and broader business-related benefits, read on.

Employee And Other Business Benefits Of Business Van Leasing

As well as all of the tax and accounting benefits mentioned above, Business Van Leasing offers many employee benefits, plus many broader business-related ones too, such as employee incentivisation, increased staff reliability, peace of mind around corporate responsibilities, plus the opportunity to present a much more professional business image!

Project A Better Image Of Your Business

The sheer affordability of van leasing means your business can probably drive a much more premium vehicle than it would otherwise be able to, helping you to present an impressive, credible image to clients and customers

Fulfil Your Corporate Responsibilities

The Health and Safety at Work Act 1974 requires businesses to ensure the safety of employees when driving for work purposes. Leasing enables businesses to update vehicles every 2-3 years, and thus maintain high safety standards

Employee Incentives, Rewards & Retention

Van Leasing enables you to offer employees and potential employees the attractive proposition of a brand-new car every 2 to 3 years. Moreover, if your employees would like it (and you agree!), small, reversible modifications may be allowed (depending on your finance company)

Flexible Usage For Individuals Including Car-Pooling

Flexible contract terms means vehicles can be used by an individual employee or group of employees, providing ultimate flexibility for your staff and business

Increased Staff Reliability

Leasing a brand-new vehicle reduces the chance of vehicle breakdowns and therefore the chance of missed appointments and meetings

Always Drive New

Leasing provides an easy way for businesses to always drive new vehicles, to be able to up-date vehicles more frequently (every 2 – 3 years) and take advantage of all the latest developments in technology and fuel efficiency

Avoid The Stress Of Selling

Your business won’t have the often-difficult task of selling the vehicle, it simply hands back the car to the finance company

No Long Term Commitment

Short term agreements of 2-5 years means if you have a variable workforce or a changing business situation, you won’t be overcommitting

Some Vehicle Modifications May Be Possible

Small, reversible modifications to your vehicle may be allowed (depending on your finance company)

Tax And Accounting Benefits Of Van Leasing

There are considerable accounting benefits to leasing a van through your business. With low initial outlay and low monthly payments, fixed cost motoring and no vehicle deprecation - van leasing frees up business capital for other projects.

Protect And Free-Up Capital For Other Projects

With low initial outlays and low monthly payments, leasing requires minimal capital expenditure, enabling capital to be put to better use elsewhere

Off-Balance

For all but a select few large businesses, lease vehicles do not need to appear on balance sheets, which can increase your ability to borrow capital

Detailed Reporting & Accounting

We provide a complete on-going business paper-trail for the vehicle, including for any servicing and maintenance included, meaning there’s less work for you and your accountant

Fixed Cost Motoring

Set monthly instalments, all-inclusive manufacturer warranty and road tax means your business will know in exactly what it’ll be paying out every month. If you include a service and maintenance option, your business can also avoid large unexpected service and maintenance bills

Avoid Vehicle Depreciation

Cars lose approx. 50-60% of their value in the first 3 years and vans even more so, moreover resale value is an unknown. With leasing, however, you avoid the threat of these potential financial losses, as your business doesn’t own the vehicle

Reclaim Lease Payments

Monthly lease payments for cars emitting 110g/km or less CO2 are 100% re-claimable, or 85% if emissions are 111/km or more. For vans, 100% of the lease payment amount is reclaimable (regardless of the vehicle's emissions band)

Reclaim VAT On Lease Payments

If VAT registered, your business can claim back 100% of VAT on car leasing costs every month if vehicle usage is 100% business or 50% mixed business-private usage. For vans, the vehicles’ business usage directly translates to the VAT percentage reclaimable (e.g. 90% business use = 90% VAT reclaimable)

Reclaim VAT On Maintenance

Your business can reclaim 100% of VAT on maintenance packages for a car or a van (if the business is VAT registered)

Reclaim VAT On Business Fuel

Your business can reclaim VAT on fuel used for business journeys (if the business is VAT registered)

Avoid Company Van Tax

There is no Company Van Tax payable for those who are self-employed, sole traders or in a partnership

The Benefits Of Business Van Fleet Leasing

There are just so many benefits of van fleet leasing for your business, including a dedicated account manager and mileage pooling features. It is a smart, highly flexible solution that enables you to affordably get and keep your business on the road, offer attractive incentives for employees and increase staff reliability, all whilst projecting a credible, impressive image to customers.

Dedicated Account Manager

For businesses needing a fleet and corporate clients who request it, we provide a dedicated account manager to provide the most up-to-date expertise on corporate and employee responsibilities relating to company cars, fleets and company car allowances

Fleet Discounts

We offer excellent fleet discounts for businesses that need multiple vehicles

Fleet Mileage Pooling

A leased fleet allows your business to pool mileage and so accommodate both low and high mileage driving variations across fleet vehicles

We've got van leasing covered from every angle

If you're thinking about leasing a van or pickup, we have a collection of informative guides on all aspects of vans and commercial vehicles to make the process as simple as possible.

Guide

Van Leasing Explained

More and more people and businesses now lease rather than buy their van or van fleet. In 2021, nearly 900,000 (or 1 in 5) vans on UK roads are lease vehicles, highlighting the sheer popularity of leasing in the UK today!

Guide

Understanding Van Bodytypes

Today there are so many more types of van to choose from, that as long as you do your homework and have a good handle on your needs, you’re certain to find a van that’s truly fit-for-purpose.

Guide

How To Choose The Right Van

If it’s time to get a new van, then this guide is a must-read. It will take you through everything you need to think about, including body type, tax implications by body-type, payload, dimensions, engine type, location and door choice.

Where To Next?

Select Van Leasing are one of the UK's largest independent specialists for van and car leasing. Whether you are looking for more information on leasing, electric vehicles or looking for special offers - here's some links to help you get to the right place!

Van & Pickup Special Offers

Browse our special offers on vans, pickups and commercial vehicles

Learn more

Business & Fleet

Comprehensive fleet management solutions for your business

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New to Car Leasing?

Discover the many advantages of leasing a vehicle

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All About Electric Vehicles

Check out our dedicated EV zone for all things electric

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Benefits Of Business Van Leasing