category: Leasing of merchandise security
You want to lease a security system to use your money more effectively than tying it up in a security system.
Basically a good idea!
You will receive 2 offers in response to your inquiry, one from Tolle-Warensicherung-GmbH and one from Eastek Systems.
Tolle Warensicherungs GmbH offers you a term of 36 months
Eastek offers you a term of 54 months.
60 months is too long, too much interest to the leasing bank, and the order goes to Tolle-Warensicherung-GmbH...Congratulations!
You now record the monthly installment as an expense, reducing the company's profit, and simultaneously save taxes alongside the decrease in theft; that's how securing goods becomes enjoyable!
After 5 years, the friendly tax officer comes for an audit and first cancels your tax savings from the lease for 36 months... oh no, how could that happen?
Many companies on the internet are happy about a leasing contract because the money is immediately available from the leasing bank, often plus a commission, what happens later is initially irrelevant to the seller.
We are committed to serving you as a satisfied customer even in 10 years, which is why we explicitly point out the terms and conditions:
Full amortization leasing
The leasing contract must be concluded for a specific period and cannot be terminated during this time if both parties fulfill the contract properly (no right of termination).
This is the so-called basic rental period.
During this basic rental period, the lessee's lease payments must cover at least the acquisition/production costs as well as ancillary costs including the financing costs of the lessor.
After these two leasing decrees, the decisive criterion for the tax allocation of the leased object is the length of the basic rental period:
If it is between 40% and 90% of the usual operational useful life of the leased object calculated according to depreciation, it will be allocated to the lessor.
The lessee can then deduct the lease payments as business expenses.
Depreciation for goods security 12 years = 144 months x 40% = 57.6 months minimum term, if the tax advantage is to be utilized.
Short explanation in my own words:
For all goods, there are depreciation periods (AfA = depreciation for wear and tear), for the goods security system, the tax office
indicates a useful life of 12 years, on which the depreciation would have to be based.
In leasing, 40-90% of this time must be fulfilled:
12 years = 144 months x 40% = 57.6 months minimum term
12 years = 144 months x 90% = 129.6 months maximum term
Our consultations do not replace legal and tax advice, but it helps us to ask!
Best regards
Andreas Hahnhausen