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leasing equipment?
would you like an obligation free quote for leasing some new equipment? Contact equigroup
lease vs buy…
leasing rapidly depreciating equipment can have significant financial benefits to your business… More
equismart is a simple, cost effective finance programme that offers employees access to the latest in portable personal computer technology via specialist salary packaging arrangements.
Benefits of equismart to employees
- equismart operates via a pay as you go system that makes the latest computer equipment available without the need to outlay large amounts of money up front.
- By leveraging the employer’s buying power and cost of funds, the purchase price is lower and lease payments are significantly lower than those payable under a bank loan or credit card.
- Employees can choose a lease that suits their needs with terms of 12 or 24 months of known and fixed salary sacrifice payments.*
- Employees gain tax benefits as lease costs are deducted from their gross salary before income tax is applied, lease payments are GST-free and notebooks are exempt from FBT.
- At the end of the agreement, the equipment is returned to the employer leaving the employee free to refresh their equipment and access the very latest technology.
How does it work?
- A master lease facility is established between the employer and equigroup.
- The employer provides employees with access to notebooks via an equipment hire arrangement.
- The employee pays for the usage of the equipment through salary sacrifice organised with their employer.
- equigroup can also arrange finance assurance to ensure payments continue to be met in the event that the employee loses their earning capacity.
For more information please contact your HR department or contact the equismart team.
* during the term, government taxes orcharges may be introduced or raised which would affect the overall charge –the hire payments however remain fixedfor the term of the agreement.
