Mar 9
Understanding the complexities of leasing agreements can be a taxing experience even for the most niblest of minds. Which options would be the best? Would you be wiser enter into a straight rental agreement? Hire purchase When you take out a hire purchase agreement, you will be paying a deposit equivalent to 3 months of the overall rental in advance plus VAT. The periods of payment can vary between 36 and 60 months at the limit. Your monthly payments will be exempt from VAT and your initial deposit charge can be reclaimed. One other point in its favour is the ability to offset any taxable profit - which is a good ...
Dec 5
Founded on 11th July 1899 it was Giovanni Agnelli who through his purpose and imagination for the company became the Managing Director. Fiat is an acronym for Fabbrica Italiana Automobili Torino (Italian Car Factory of Turin). Giovanni's grandson Gianni then became chairman from 1966 until his demise in 2003. The first factory was opened in 1900 with 150 workers During the 1930's trucks and commercial vehicles underwent considerable development and also the railway and aviation sectors grew. In the war years there was a big reduction in the production of cars, whilst commercial vehicles grew considerably. Fiat made military vehicles for the Italian Army and Air Force. In 1945 the presidency ...