Hi,
I'm looking to buy a vehicle on HP.
I have a problem on my personal credit file to do with a default being entered in relation to reclaiming penalty charges, so I would struggle to get personal HP at the moment.
If my company took out a HP agreement, but I re-imbursed the company for the monthly payment is it treated the same as if I owned the vehicle personally. i.e. is there no P11d issue and can I still charge the company my £0.40 per business mile?
Thanks
I'm looking to buy a vehicle on HP.
I have a problem on my personal credit file to do with a default being entered in relation to reclaiming penalty charges, so I would struggle to get personal HP at the moment.
If my company took out a HP agreement, but I re-imbursed the company for the monthly payment is it treated the same as if I owned the vehicle personally. i.e. is there no P11d issue and can I still charge the company my £0.40 per business mile?
Thanks
