By Frank Reynolds, Guy Salmon Prestige Rental small business unit
Many businesses are feeling the pinch this year. Cash-flow is tight; sales are slow or disappearing. But business life goes on; and there are still occasions when you need to impress at a meeting or important event.
But small businesses can take advantage of smart-thinking strategies that leave you looking successful without breaking the bank.
For example, renting a prestige vehicle for that important meeting. It might not be the business car your business could afford to run day in day out. Or, indeed, needs to be run or owned by your business, particularly in an economic downturn.
But for a specific journey, prestige car rental from organisations such as Guy Salmon is the perfect solution. In the current climate this provides businesses with the much needed flexibility and cost control: using prestige business cars when they need them; and no long-term financial commitments.
Tax and VAT benefits
Renting prestige business cars in this way also has other business benefits. For a short one or two day rental on business use, the full amount of the rental is normally tax-deductible.
And 100% of the VAT is reclaimable, too.
Of course, you should check with your accountant. But it does make prestige rental financially efficient.
What cars are available and what are the prices?
We have a wide range. From a Mercedes C-class or the svelte Audi A5 coupe right up to a Jaguar XF or Range Rover. Rental prices vary but typical prices are