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Best way to finance hardware

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    Best way to finance hardware

    Hi,

    I need to get some hardware (laptop, printer etc.). I'm a ltd company. With my wife off work with our new child for the next year, I'll be needing to take most of what I make out of my business account (obviously not tax etc..) to pay the bills. So I don't really have that much in my account to fund hardware purchase.

    What would you guys recommend as the best options? Business loans? Finance from the store? Any other ideas?

    I'm on flat rate vat scheme so not sure how much I can offset the cost...

    Cheers.

    #2
    New zero % credit card that includes purchases. I got one just before I was benched - wont have to pay it off until November, hopefully will be sorted with a contract before then.

    Check the www,moneysavingexpert,com for latest zero % offers if there are any. If not, you should have done it 3 months ago
    "take me to your leader"

    Comment


      #3
      Originally posted by monkeyBoy32 View Post
      I'm on flat rate vat scheme so not sure how much I can offset the cost
      You can't unless its above £2k and no this doesn't mean you can buy a TV to take it over £2k. That is the limit per item.

      Comment


        #4
        Originally posted by Sockpuppet View Post
        You can't unless its above £2k and no this doesn't mean you can buy a TV to take it over £2k. That is the limit per item.
        Thanks - well, it's pretty much a new computer set up - laptop, software, printer etc. In total will be over 2k but I guess they each count as separate items - I will be buying them all at the same time from the same place (an online order).

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          #5
          Lease or rent the equipment - Dell do a business plan and so do (gulp) PC World. The cost is then off set against corportion tax I think, ask you accountant what the benefits of this would be.
          Just call me Matron - Too many handbags

          Comment


            #6
            Originally posted by zara_backdog View Post
            Lease or rent the equipment - Dell do a business plan and so do (gulp) PC World. The cost is then off set against corportion tax I think, ask you accountant what the benefits of this would be.
            Not a bad idea - I wonder how much more than the price of the equipment you pay...

            The cost of purchase, though, can also be offset against corp tax.
            "take me to your leader"

            Comment


              #7
              Might find this link useful - I would sit down with a cuppa first.
              Just call me Matron - Too many handbags

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