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Ltd Company - Insurance monthly or annually?

  • 22-05-2007 1:38pm
    #1
    Closed Accounts Posts: 35


    Hi,

    What is the best way to pay business insurance, monthly or annually and can you claim the VAT on it?
    Thanks


Comments

  • Closed Accounts Posts: 5,943 ✭✭✭smcgiff


    There's no VAT on Insurance.

    Whatever makes more sense. Will you pay a monthly premium for the facility of paying by month. Some companies charge an interest fee. If not then for cash flow reasons you'd be better off paying by month.


  • Registered Users, Registered Users 2 Posts: 1,667 ✭✭✭MartMax


    they are banks and lenders out there that give loans to finance your business insurance.

    Marty


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