Contract hire with maintenance

Contract hire is a fixed term agreement, usually between 3 and 7 years with monthly rental that include forklift maintenance, servicing and repairs. 100% of the rentals paid can be offset against taxable income. This is a one-stop solution and is widely viewed as the most hassle free, cost effective and tax efficient method of running forklifts. You can enjoy simple budgeting and just hand back the trucks at the end of the term. Agreements that qualify as 'operating leases' are not shown as liabilities. So they don't adversely impact on gearing ratios within your accounts

For more information on Contract hire with maintenance talk to H and F Lift Trucks