Originally posted by MarillionFan
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Previously on "How easy is it to get a loan being self employed?"
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Originally posted by stek View PostWell then you're not self-employed, you are an employee. If it's set off as an expense then it's BIK and you pay tax on it, best keep it separate and bill the mileage.
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Originally posted by slinkydonkey View Postdeal
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Originally posted by slinkydonkey View PostI have my own LTD and am the sole director of the company maybe I should ask my accountant if he can off set it as an expense?
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Originally posted by slinkydonkey View PostI have my own LTD and am the sole director of the company maybe I should ask my accountant if he can off set it as an expense?
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Originally posted by slinkydonkey View PostI have my own LTD and am the sole director of the company maybe I should ask my accountant if he can off set it as an expense?
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Originally posted by MarillionFan View PostI can lend you the money at 8% per day. If you don't pay it's an extra 5%, If you default three times I take a finger. If you default 4 times I'll take a toe. After that I'll ******* kill yeah!
Deal?
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Originally posted by stek View PostAre you self-employed? Or director/contractor of your own Ltd?
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I can lend you the money at 8% per day. If you don't pay it's an extra 5%, If you default three times I take a finger. If you default 4 times I'll take a toe. After that I'll ******* kill yeah!
Deal?
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The most important thing is your credit record.
If you have a very good one and go with a financial institution you have a history with then it shouldn't be a problem.
BTW get a second hand one. A new one is throwing money down the drain for unless you are extremely rich.
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Originally posted by slinkydonkey View PostHello
Im thinking of getting a new car as my old one is starting to well fall apart
I may buy a new one or just get a loan out to buy a 2nd hand one.
I have only really been self employed for the last two years so I just interested to know if any of you have had problems taking out a loan now that you are self employed and given the current bank system we have in this country at the moment.
I would have a bit of a deposit to put down I could also put down my house as protection if I really had too but I dont want too. I am due to start a 3 week contract next Monday and earn money from my pc repair business which I can provide evidence of if needed.
Thanks in advance
You should look at buying a car like buying any other business tool.
How much will I earn/save me.
How many years will you keep it, final cost including interest.
Running costs.
Resale value etc.
Do your homework, try to get rid of the BRIGHT SHINEY NEW CAR STUFF, guys suffer from, you are running a business.
I don't have a car, I walk/public transport (yes, ok bussiness class).
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How easy is it to get a loan being self employed?
Hello
Im thinking of getting a new car as my old one is starting to well fall apart
I may buy a new one or just get a loan out to buy a 2nd hand one.
I have only really been self employed for the last two years so I just interested to know if any of you have had problems taking out a loan now that you are self employed and given the current bank system we have in this country at the moment.
I would have a bit of a deposit to put down I could also put down my house as protection if I really had too but I dont want too. I am due to start a 3 week contract next Monday and earn money from my pc repair business which I can provide evidence of if needed.
Thanks in advanceTags: None
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