Graphic Designer Business Equipment

Starting the course i did not have access to my own computer and i knew i needed to find a solution fast after a long and painful process of what would be better for me to use a Mac or a PC vs the costs. Both machines have advantages and disadvantages, however my final choice was to buy a Mac Pro as this enables me to work from anywhere and use the licence for the software i have access too, an as all the computers at the university are iMac this seems the best choice for compatibility and improving workflow, i use the iMac at work and continue to improve and learn on a daily basis.

My equipment was purchased under a 3 year business lease agreement with the advantage of spreading the cost being fully insured in case of any accident or dataloss, this was with the intention of setting up McCammon Designs as a sole trader company in which case the full amount paid for the equipment would be claimable back under business expenses, as i understand without this equipment the business would cease to function and is therefore tax refundable, although this can only be backdated 3 months. On reflection i realised how much extra the equipment would cost me and felt taking out the business lease was not the right decision for me as i would like to own the equipment far sooner, understanding why i took this risk has been invalid. At the time i had no way of producing the work for my course and had no money or other support and resources, this was my chosen solution and i learnt the importance of thinking things through before signing contacts and keeping an eye on the main goals.