- Original Poster
- #1
Hi, I plan on paying my van insurance (business use only) by direct debit monthly as it is more affordable for me at the minute.
The annual price without interest charge is £2046.13 but because i am paying it monthly the total price with interest charge is £2260.27
The monthly payments will be £174.64
Am i able to claim relief on the full monthly amount or will i need to deduct the interest charge each month ?
Thanks
The annual price without interest charge is £2046.13 but because i am paying it monthly the total price with interest charge is £2260.27
The monthly payments will be £174.64
Am i able to claim relief on the full monthly amount or will i need to deduct the interest charge each month ?
Thanks