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Companies using IFRS accounting standards, which include all listed companies, are now in the process of ensuring that they comply with the new regulation, IFRS 16, which stipulates that the value of leased assets and all associated payments due are shown on company balance sheets. The new rules applied from 1 January 2019 and the...
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Telecoms equipment (telephone switchboard, landline telephones, business smartphones etc.) are essential to running a company, whatever its size. For this type of equipment and others, the question is: is it smarter to buy or rent? Here are the advantages offered by the latter, particularly in view of the specific features of telecommunications devices. 1. LIMITING...
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Before the days of sophisticated mobile phones, or ‘smartphones’ as they are now known, the cost of acquiring the latest models rarely broke the bank. 10 years ago, even the most premium of premium handsets would retail for no more than £450. The all-encompassing network contract also took care of financing these devices. It was...
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Lease Telecom, the market’s leading funder of smartphones for business, has launched its device trade-in service, offering £500 cashback per device via it’s Partner portal. Partners can initiate trade-in requests at the click of a button, with little to no effort required from either Partner or end user. Via a dedicated Trade-In section of the...
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The new leases standard – IFRS 16 – will require companies to bring most leases on-balance sheet from 2019. Under the new standard, companies will recognise new assets and liabilities, bringing added transparency to the balance sheet. At present, many analysts adjust financial statements to reflect lease transactions that companies hold off-balance sheet. For the...
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Philip Hammond presented his budget on 29 October 2018 against a backdrop of relatively slow economic growth but with something of a windfall in terms of unexpectedly high tax receipts during the past twelve months. A significant spending commitment had already been pledged to the NHS and Theresa May had promised an end to ‘austerity.’...
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Keeping on top of technology trends is one of the most important indicators of survival, especially for small and medium businesses. According to a survey from Couchbase and Vanson Bourne, most executives believe that keeping pace with digital transformation is the key to staying in business. But despite this, the vast majority of SMBs simply...
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Lease Telecom has confirmed that it will be offering a market-leading 25% residual value against the latest iPhone range, enabling Partners to quote lower than ever monthly repayments on flagship Apple handsets. Smartphone finance is available through Lease Telecom’s Partner channel, with options to apply 25% RV against Apple’s newly released handsets, making these top-end...
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As experimental as last year’s iPhone X may have been, sales of Apple’s flagship certainly proved that two things are here to stay: the all-screen form-factor and the price point. Sadly though, from what we gather from last night’s #AppleLaunchEvent, the iPhone X has already been canned in favour of a new iPhone line-up. Last...
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Our world is now dominated by talk of a new industrial revolution, one that takes digitalisation and artificial intelligence to new and unprecedented levels. However, for all the talk about driverless cars and cryptocurrencies, there are many businesses that do not take full advantage of proven technology which has been available for many years. ESIGN...
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