Gentleman Blue
Well-Known Member
- Joined
- Jul 30, 2021
- Threads
- 6
- Messages
- 51
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- Location
- South West UK
- Vehicles
- Ride-on Honda Mower
- Thread starter
- #1
Personally I wasn't really sure on which way to go, one minute I was going to finance then buy outright, back and forth...
In the end I decided to buy outright, Corporation tax at 19% (UK) is more than the depreciation (predicted) or at least close to it.
In fact looking at used prices the depreciation is looking to be lower than 19%.
If Corporation tax increases as feared then this way proves even more beneficial.
It would be interesting to see what the split is from the different purchasing options.
Please do vote.
In the end I decided to buy outright, Corporation tax at 19% (UK) is more than the depreciation (predicted) or at least close to it.
In fact looking at used prices the depreciation is looking to be lower than 19%.
If Corporation tax increases as feared then this way proves even more beneficial.
It would be interesting to see what the split is from the different purchasing options.
Please do vote.
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