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VITAP

VITAP Quartz 3 Edgebander

Prices for store pick up
(not including delivery or shipping)

Perfect solution for woodworking and panel processing for small to medium companies. Flexible and user friendly with fast changeover from tapes 0.4,0.8 to 2mm radius.

 

Finance Available Shipping & Delivery

Our finance partners can arrange funding to acquire equipment at competitive rates. We can offer loan, lease and hire purchase agreements to suit our customers needs.

*****We have a handy leasing calculator available on request help identify the monthly costings and tax savings*******
The Tax Benefits of Leasing explained

Leasing converts a large capital expenditure into small monthly payments. Hence the company has the profit-making equipment immediately and keeps their cash reserve available.

Rather than investing the precious cash reserves in depreciating assets, the company can use them to help increase profits.

Lease Rental is 100% Tax deductible

The main reason that the majority of companies lease rather than purchase equipment is that they use leasing as a method of reducing their tax bills. This is because lease rental is 100% tax deductible, and all payments made for the equipment are written off against the company’s tax bill. For any profit making business, this means a substantial saving in the real cost of acquiring equipment by lease rental. This could mean a saving of between 20-40% of the lease payments, depending on the rate of tax you pay*.

Payments on qualifying leases are written off as direct operating expenses, rather than a debt or outstanding liability, thus reducing short term taxable income.
Any capital allowances are passed on to you, and lease payments can be offset against taxable profits. VAT can also be reclaimed on monthly payments. This status as a “lease” as opposed to a “liability” on a company’s balance sheet is something the banks like to see, which is why an operating lease can be attractive. For this reason, leasing is often referred to as ‘off balance sheet’ financing – a tremendous advantage to both large and small businesses

Ownership at the end of the lease

Lease rental is just that, a rental or hire agreement. Title of the goods remains with the Lessor (either Kennet or assigned to a bank), which means the equipment does not show on the companies balance sheet, therefore not needing to be depreciated over a fixed period. If Kennet broker the funding, they are the “third party” involved within the lease agreements. In effect, Kennet buys the equipment from the supplier and then sell it on to the customer. This means that the customer can take full advantage of all the benefits of leasing but still owns it at the end.

The disadvantage of buying equipment outright

The disadvantage to buying equipment out-right, is that the capital invested becomes a depreciating asset. This is an asset that’s value decreases over time.
The total amount that assets have depreciated by during a reporting period is shown on the cashflow statement, and also makes up part of the expenses shown on the income statement. The amount that assets have depreciated to by the end date is shown on the balance sheet.
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How the tax advantages of leasing works – in numbers
You lease a machine that costs £5,000 + VAT, over a 3 year term.
The monthly payments would be £162.50 + VAT over 36 months
Total paid over the term of the lease £5850
20% tax can be reclaimed on the total lease payments over the 3 years, so a total of £1170
Therefore the net cost of the lease is £5850 – £1170 = £4680*
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*Your accountant will be able to provide more information. This information is provided for guidance only.
For more information, call Mark Suckley and his team at Kennet Equipment Leasing on 01675 469215 or email marksteam@kennet-leasing.co.uk.

All prices are quoted EXWORKS Bacup. You can arrange your own collection or if preferred we can arrange delivery.

We have Transport partners with a variety of vehicles including HIAB. Please enquire for a quotation.

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Specifications

GENERAL CHARACTERISTICS

Monolithic steel frame of the machine for the high rigidity of the structure. Feeding industrial chain with rubber blocks. Sliding of the blocks on 2 hardened and grinded steel guides. Upper steel clamp with 2 rows of rubber-coated rollers turning on closed bearings Manual movement of the upper steel clamp, with automatic positioning of the operating units, for the panel thickness changing. Mechanical digital readout of the panel thickness. PLC for switching of on/off the motor and the glue tank . Glue tank with automatic stand-by of the temperature. Start/stop of all the operating motors by inverter. Edge cutting unit for 3 mm edge thickness roll . Support table for roll edge d=800 mm. Centralized dust extraction unit. Panel support bar with rollers on all length of the machine.


Panel thickness: 10 – 50 mm.

Max high melamine edge 55 mm.

Max high EBS edge 0,413×55 mm (max 5 mm)

Max excess of the edge compared at the panel thickness mm4 (2+2)

Minimum width of the panel 90mm with roll edge

Minimum lenght of the panel 160mm with edge roll

Glue temperature: 190°-210°.

Feeding speed: m/min 7 Inverter: Hz 200

Pneumatic system pressure: 7 Bars

Dust extraction: diam. 2 x 40mm.

Gluing unit : power absorbed Kw 3,5 ; glue pot capacity kg 1,5 Heating time min. 15 This could change due to the outside temperature and to the type of glue. End-cutting unit : power absorbed from the motor Kw 0,35;

Saw blades rotation speed rpm 12.000

Trimming unit :power absorbed motors Kw 0,55 x 2 ; Mills rotation speed rpm 12.000; diam. cutter 68mm Z6, R=2. CE standards

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