18 01732 759725 a simple solution for one business may be complex for another. This is a developing story that is still unfolding. For example, the question has been raised that 100 computers valued at £1,000 each – totalling £100,000 – may disqualify a tech subscription from being expensed under FRS 102. In practice, the low-value exemption is applied on a per-asset basis, rather than looking at the total contract value. While there is no fixed sterling threshold, laptops and tablets are explicitly cited as examples of low‑value assets. Therefore, provided each device qualifies individually, companies should be able to continue to expense such leases. This treatment is determined by accounting standards and does not fall within HMRC’s remit. Conclusion FRS 102 and IFRS 16 changes from 2026 will impact how UK firms account for leases. However, the low-value exemption ensures computer leasing remains straightforward. This exemption is not a loophole but an explicit provision recognising that capitalising low-value items creates unnecessary complexity without improving financial transparency. This provides reassurance during financially challenging times. The ability to expense computer leases supports cash flow, avoids balance sheet complications, and enables provision of essential digital tools for employees. It is imperative that businesses considering DaaS models work with their accountants to ensure proper documentation of low-value asset policies and confirm auditor agreement with their approach. To customise a subscription service that works for your company, your accountant should liaise with a trusted DaaS partner such as Devices for Teams by HardSoft Computers, who understand both the accounting and business contexts. Devices for Teams’ tech-ondemand solutions were specifically developed to meet the unique demands of UK firms. We aim to make computer subscriptions for business use as seamless and cost-effective as possible. We take care of: Pre-Config – Hardware and software configuration needs vary significantly across departments. We handle tailored configuration of software, apps, accounts, and more, saving employees and internal IT staff significant amounts of time. We include remote, zerotouch deployment and cover all logistics. Tech support – Every Devices for Teams contract includes tech support. Our simple-touse support tickets and remote consultancy from experts ensure that staff can resolve any IT issues. Cybersecurity – Cybersecurity has never been more important. Businesses require extra layers of security to protect staff and customers, and this can be easily facilitated, customised, and updated by HardSoft. Device Management – The solution to managing large computer inventories spanning different needs and locations is device management software, which provides granular control over how devices can be used. Our highly rated system, Shepherd, takes care of this. Data Security – We help businesses keep data private and ensure compliant backup. HardSoft’s acclaimed Squirrel Data Backup service lets IT teams and CEOs sleep soundly at night. Repair – Our Devices as a Service solutions cover repairs for all your devices. Repair turnaround is rapid, and we provide loaner devices during repair. Upgrades – Tech refreshes and upgrades are automatic and built into your solutions, ensuring you always have the latest devices to stay ahead of the curve. Insurance – HardSoft’s optional insurance provides airtight cover for accidental damage and theft. Devices for Teams – Your trusted tech partner Devices for Teams by HardSoft is an award-winning, family-owned business that has been providing tech subscription solutions across the UK for over 40 years. We are ISO 27001 accredited, reflecting our commitment to data security, and are also registered with the Financial Conduct Authority (FCA), which ensures regulatory compliance and financial integrity. Importantly, we are members of the Finance and Leasing Association (FLA). Our parent company, HardSoft Ltd, established HardSoft Leasing Ltd in 2021, offering a unique, flexible one-stop solution for tech supply, support and financing. It means your agreement is handled in‑house, by us, which helps reduce costs and improve efficiencies. We have nearly 1,500 verified reviews on Trustpilot, with an ‘Excellent’ score of 4.9/5. Find out more at https://devicesforteams. hardsoftcomputers.co.uk LEASING ...continued This document is for informational purposes only and is based on our interpretation of available data at the time of writing. It should not be relied upon as financial advice. We recommend seeking guidance from an independent professional accountant, as individual circumstances may vary. References: 1. https://pkf-francisclark.co.uk/insights/frs-102-changes-to-lease-accounting-rules/ 2. https://bkplus.co.uk/new-lease-accounting-rules-for-january-2026/ 2a. https://www.iris.co.uk/blog/misc/ifrs-16-reliefs-small-ticket-asset-exemption-ifrs-16-example/ 3. https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-lease-accounting-under-frs102-1024.pdf 4. https://www.frc.org.uk/library/standards-codes-policy/accounting-and-reporting/uk-accounting-standards/frs-102/
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