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Where Taxpayers and Advisers Meet

Van on finance

Johnboyle7
Posts:8
Joined:Mon Nov 16, 2015 11:49 pm
Van on finance

Postby Johnboyle7 » Mon Jan 25, 2016 11:12 pm

Hi all
I'm looking at upgrading my van to a newer model as I have a contract of work which will assure me of a few years work, my question is .. I have a ltd company and will be looking at taking the van through it and was wondering if it would affect my ability to receive dividends as its a debt ?
Thanks

bd6759
Posts:4267
Joined:Sat Feb 01, 2014 3:26 pm

Re: Van on finance

Postby bd6759 » Tue Jan 26, 2016 12:52 am

Dividends are paid out of profits. Nothing to do with debts.


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