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Ltd Company - Insurance monthly or annually?

PeteJones · 2007-05-22 13:38:15

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

22-05-2007 01:38PM

#1

PeteJones

Closed Accounts Posts: 35 ✭

Join Date: March 2007

Posts: 20

Hi,

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

0

Comments

#2 22-05-2007 02:16PM

smcgiff

Closed Accounts Posts: 5,943 ✭✭✭

Join Date: January 2007

Posts: 5788

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.

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#3 22-05-2007 10:33PM

MartMax

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

Join Date: November 2003

Posts: 1528

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

Marty

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