No need to get too technical.
There are variations of leasing but essentially there are two types.
A standard finance lease.
12- 84 month agreements.
Rentals are Fully Tax allowable.
No deposit is required.
Fixed term or minimum period.
Allows you to spread the cost and gives
you ownership at the end.
12- 84 month agreements
The interest content is Tax allowable.
Full Capital Allowances can be claimed.