I think it was about 1986...the Regan years...that the law was changed and interest that wasn't part of a mortgage stopped being deductible.
Is there a way to write off credit card interest on corparation credit card?
Presuming it is a deductible expense, they are reportable when paid by the credit card, or any other method.
you meant you want to buy an eqipment in 2009 but want to deduct as 2010 expense Is that workable in tax laws How to go about doing it
Yes - if you used the company credit card, you are liable to repay the amount you spent ! The employer can recover that directly from your wages.
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I think it was about 1986...the Regan years...that the law was changed and interest that wasn't part of a mortgage stopped being deductible.
Is there a way to write off credit card interest on corparation credit card?
Presuming it is a deductible expense, they are reportable when paid by the credit card, or any other method.
The advantages of having a credit card with an interest rate is it helps build one's credit faster. The higher the interest rate of the credit card, the higher the credit score.
The interest on an express credit card is 8.7%. They are not a very good alternative to a regular credit card such as a visa or mastercard because the interest is very high.
The lowest credit card interest rate at the moment is 7.8%. The credit card that offers 7.8% is Sainsbury's Nectar Low Rate Credit Card. One can find low interest credit cards from the Money Supermarket website.
The interest rates on a HSBC credit card can vary, depending on your credit rating. The rates on the HSBC credit card can range from, 11.99% - 18.99%.
Yes you can pay your credit card bill by another credit card. It is called balance transfers, you can transfer the balance of another credit card that has a high interest to a credit card that has a low interest. Hopefully this answers your question.
To transfer from a high interest credit card to a lower interest credit card
The interest rate on your Debenhams credit card will be dependent on your credit score and your likelyness to pay your credit card on time. The first 6 months to years interest rate is usually free.
6.99% to 9.99% is what the lowest credit card interest that can be expected is. A card with such low interest can not be expected to come with very many perks.