Cheap and Cheerful Tracking for LCV Solution
The benefits of leasing commercial vehicles are ever present in the current cost of living crisis. It appears more businesses are leasing LCVs over a short term (2-3 years) to get the most vaule from the lease contract. 6 key benefits are:
The biggest benefit from this list for businesses is the ability to claim the VAT back. 100% can only be claimed back if the LCV is used solely for business purposes, whereas 50% can be claimed back if the LCV is used for private journeys.
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