Best way to finance hardware

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zara_backdog replied

3 April 2009, 08:22
Might find this link useful - I would sit down with a cuppa first.
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Grinder replied

3 April 2009, 08:00
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.
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zara_backdog replied

3 April 2009, 07:14
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.
Leave a comment:
monkeyBoy32 replied

2 April 2009, 22:22
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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Sockpuppet replied

2 April 2009, 21:34
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.
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Grinder replied

2 April 2009, 20:21
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
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monkeyBoy32 started a topic Best way to finance hardware

2 April 2009, 12:02
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.
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