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Company Car for £6000

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

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ishfaqsangra
- thin ice -
Posts: 866
Joined: Wed Aug 14, 2013 11:10 pm
Pakistan

Company Car for £6000

Post by ishfaqsangra » Sat Apr 12, 2014 1:38 pm

Will it be OK to get a Car on Company name for 6000 or it looks too much for a new company with no profits yet.
Is that justifiable?
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Olasunkanmi
Diamond Member
Posts: 1324
Joined: Sat Aug 17, 2013 11:28 pm
Location: London, UK.

Re: Company Car for £6000

Post by Olasunkanmi » Sat Apr 12, 2014 2:36 pm

@ ishfaqsangra, as long as you have all your documentary proof you should be fine. £6000 is not too much for a company car.
The key to success is knowledge and hardwork, and to have faith.
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ishfaqsangra
- thin ice -
Posts: 866
Joined: Wed Aug 14, 2013 11:10 pm
Pakistan

Re: Company Car for £6000

Post by ishfaqsangra » Sat Apr 12, 2014 3:43 pm

Thanks Olasunkanmi for comments.
Yes I am Planning to transfer £6000 to Business account as a Director's loan and will get that document signed by Solicitor.Then will issue a cheque from Companies account.
Car will be definitely be on Company's name.
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Qasar Daniel
Junior Member
Posts: 61
Joined: Thu Feb 27, 2014 11:30 pm

Post by Qasar Daniel » Sat Apr 12, 2014 6:20 pm

Olasunkanmi I sent you PM, But did not got your reply. Please , I Will be grateful to you
Daniel
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