We have more than one car, but for the most recent purchase:
1) Did you pay for your car with cash?
No, I used a credit card that gave me airmiles. I then paid off the credit card.
2) How much did you pay?
£27,000
3) If so, did you sell it on to your Ltd Co and made profit?
No
4) How much did our Ltd Co pay?
N/A
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Reply to: Did you pay for your car with cash?
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Did you pay for your car with cash?"
Collapse
-
I bought our new car last month. Paid £17000. £15000 on Virgin Card, with a 0% on all purchases for 12 months, and the other £2000 on a Tesco Credit Card.Originally posted by Paddy View PostDid you pay for your car with cash?
How much did you pay?
If so, did you sell it on to your Ltd Co and made profit?
How much did our Ltd Co pay?
As the fee was only 1% I decided it was better to keep the cash in a bond at 3.5%
Every penny counts
Leave a comment:
-
Did you pay for your car with cash?
Did you pay for your car with cash?
How much did you pay?
If so, did you sell it on to your Ltd Co and made profit?
How much did our Ltd Co pay?Tags: None
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- What does the non-compete clause consultation mean for contractors? Today 07:59
- To escalate or wait? With late payment, even month two is too late Yesterday 07:26
- Signs of IT contractor jobs uplift softened in January 2026 Feb 17 07:37
- ‘Make Work Pay…’ heralds a new era for umbrella company compliance Feb 16 08:23
- Should a new limited company not making much money pay a salary/dividend? Feb 13 08:43
- Blocking the 2025 Loan Charge settlement opportunity from being a genuine opportunity is… HMRC Feb 12 07:41
- How a buyer’s market in UK property for 2026 is contractors’ double-edge sword Feb 11 07:12
- Why PAYE overcharging by HMRC is every contractor’s problem Feb 10 06:26
- Government unveils ‘Umbrella Company Regulations consultation’ Feb 9 05:55
- JSL rules ‘are HMRC’s way to make contractor umbrella company clients give a sh*t where their money goes’ Feb 8 07:42

Leave a comment: