_TAX BENEFITS

We make leasing possible

Tax Benefits

Annual Tax Advantage

  • Leasing option offers your company exclusive tax advantages.

  • From the lessee’s viewpoint, lease rental is allowed as an expense in the calculation of taxable income. This affords more shelter from taxes every year than the annual capital allowance which ownership of asset may allow.
In addition, Direct Finance Lease allows your company to claim capital allowance on the leased assets at the expiration of lease tenor.

LECON's Competence

LECON Finance Company Limited, as the oldest and foremost leasing company in the country, affords its customers over 30 years of experience, expertise and in-depth knowledge of the market and business.
As a subsidiary of the Bank of Industry Limited, LECON is a beneficiary of BOI’s good working relationships with foreign development finance institutions which translates to access to reasonably priced funds.
This advantage is ultimately passed on to our customers in the form of competitive lease cost.