Those starting out as limited companies are often unable to obtain HP finance in the limited company name in the first few years due to lack of credit history. So what is the most tax efficient method of dealing with this from a personal and corporation tax point of view if you cannot claim AIA or WDA in the company. Can the director lease the van to the company, disclose the income on his tax return and claim AIA personally? Or some other way?
Thanks
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Maybe not the answer you are looking for, but the director could negotiate credit in exchange for a personal guarantee, or a charge on a company's assets?
I've found that finance companies are generally happy to include the company's name on the contract - along with a more reliable credit risk.