The 7.5 hours in the classroom are just the starting point. On average, teachers are at school an additional 90 minutes beyond the school day for mentoring, providing after-school help for students, attending staff meetings and collaborating with peers.
A capital lease is treated like a loan, and the asset is considered owned by the lessee. The tax advantages of operating leases are especially significant for fixed assets such as lighting that are generally depreciated over a very long term (39 years), since the entire lease payment is tax deductible.
The main advantages of leases from the lessor's point of view are that leasing provides (a) a way of. indirectly making a sale; and (b) another means of obtaining a profit opportunity through the transfer. of an asset by the lessor under the lease agreement.