Business or personal loan for my ltd company
Discussion
Thanks for the replies
Just to clarify, I won't be sub leasing the van. The firm I'll be working for will just pay me more money because I have one, and they won't need to hire one in for me. The money I receive will outweigh the money I pay for it monthly, so it seems a no brainer.
My ltd company has been going for around a year now. The van will be strictly for work.
A quick edit to say that I could do with showing as much earnings as possible the next year for mortgage purposes. My limited understanding is to take what the van earns me as a dividend at the end of the year, and therefore showing more earnings. Is it as easy as this?
Just to clarify, I won't be sub leasing the van. The firm I'll be working for will just pay me more money because I have one, and they won't need to hire one in for me. The money I receive will outweigh the money I pay for it monthly, so it seems a no brainer.
My ltd company has been going for around a year now. The van will be strictly for work.
A quick edit to say that I could do with showing as much earnings as possible the next year for mortgage purposes. My limited understanding is to take what the van earns me as a dividend at the end of the year, and therefore showing more earnings. Is it as easy as this?
Edited by DeanR32 on Monday 26th September 14:56
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