I am about to set up as a sole trader in the Building Industry for which I will need to Purchase a van. Please can someone advise me of the most efficient method with which to make my purchase? I understand there are basically three main ways to finance a vehicle, Finance Lease, Hire purchase and Contract hire. Finance Lease appears to be the most suitable and affordable however I am unsure whether I will receive the maximum tax benefit as I doubt I will be vat registered for a few years yet.
Thank you in advance for your help
22 Jan 2008, 06:00 kriss
Hi, I think that you should hire because it have lots of benefits. I am also a business man and I recently hired five vans from http://www.frontierleasing.co.uk/ It’s really very good for hiring car. There are plenty of choice and special offers for customers. So I would suggest you for this service. Hope this will help you out.
All the best!
kerry 23 Jan 2008, 05:18 - Report