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Whats the difference between Business and Personal Contract Hire?

April 26, 2017Business contract hire

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Whats the difference between Business and Personal Contract Hire?

1 Answer

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Posted

The type of finance it is are the same – the only difference is Business rates are quoted with VAT excluded. Personal contracts are quoted with VAT included. Some funders will only finance companies and not private individuals – however, in most cases you can simply add VAT to get the personal price. Just tell us if you’d like Business or Personal, and we’ll get you the best price accordingly!