Contract hire to beat VAT increase?

With the VAT increase businesses and consumers are looking towards contract hire. The 2.5% VAT increase has made cars even more expensive to buy outright.

Contract hire includes benefits for businesses to claim back VAT. Cashflow management is also highly affected by contract hire as there are not massive outgoings in the first place. This in turn develops an accurate budgeting process.

Another major benefit is adding a maintenance agreement to the contract. This manages the car for any user for their convenience and peace of mind. I have only just started looking into contract hire but I am definitely keen to keep researching the pros and cons. I think I will contact my nearest contract hire Kent to advise me further.