One person firms

Yep. Money laundering.

Jon (sorrysorrysorrysorry)

maybe they need them to do the work ?

You can get the VAT back off a van but not a car. May be easier to claim a van is 100% for business to get the full capital allowance. If you are an employee and get a company car there is less benefit in kind tax than a company car.

Phil

In message , Phil McCavity writes

Its all done on finance. HP, Leasing or Contract Hire. Vans financed this way can be VERY cheap indeed.

Interesting, surely you don't get owt for owt though ?

What sort of prices are we talking ?

Daytona

Quite right!!

There's the rub! For leasing and contract hire, no APR is given, so the poor punter just looks at a weekly rental cost. In the whole scheme of things, this is all they need, mind you. But the rates are higher for very new businesses.

So could you give me an idea of rent/lease for a little van for instance?

Phil

OK thanks, I assumed you meant very cheap over the contract lifetime.

Daytona

In message , Phil McCavity writes

Not really. Im not in that business but I know from dealing with some suppliers that when a supplier needs to 'ditch stock' they often get rid of it by helping leasing companies to fund the deals so a cheap citroen cocts £50 a week. Not much help, sorry.