My bank wrote to me this week offering me a deal - a credit card in the name of my Ltd company and with no annual charge. Shock horror I thought to myself, has the world gone mad? On further reading I found the card was only free for the first year but there would be a £25 charge each year after that.
Lets do a few comparisons
Personal credit card with the bank: Free
Business credit card with the bank: £25.
Perhaps they don't appreciate that most people will get get another personal credit card for free and use that if they want to keep their business transactions separate?
A few more examples:
Personal banking with the bank: Free
Business banking with the bank: Charge per transaction
And finally:
Cost of filing annual (tax) return with the inland revenue: Free
Cost of filing annual return with companies house: £30 (£15 electronically). Criminal offence if you don't pay.
Why are companies seen as such an easy target for these rip off charges? They only result in costs being passed onto the general public. Is the £4.35bn profit that the bank makes per year not enough?
Subscribe to:
Post Comments (Atom)
Popular Posts
-
An article on how Agile can sit alongside PRINCE2 and where DSDM Atern fits in. In 2007, I put "used an Agile/PRINCE2 development str...
-
Having been on hold to the Orange contact centre (I guess that's what you would call it, I might call it a non-contact centre) for appro...
-
In a breathtaking act of complete user ignorance, the so called new user experience of Windows Vista is now significantly harder to shut dow...
-
All In the last few months, I have seen the traffic to this blog rise to a reasonable level and there's been a lot of diverse comments a...
-
Another idea for Cambrian House YouTube for the road. When we were on Skye recently, we shot a video from the car, and it's really inter...
-
Find me on LinkedIn https://www.linkedin.com/in/siliconglen/ Medium https://siliconglen.medium.com/ thanks Craig
-
Your profile indicates you have been contracting recently, therefore you will only be interested in contract work then? Incorrect. Thi...
-
Trying a bit of reverse marketing here to see whether posting to Google Groups: uk.jobs.wanted and also to Ebay.co.uk in an unconventional...
-
BBC displays another example of the Scunthorpe problem . I am no longer allowed to use my name on the BBC site. See the screendump (click to...
-
On 1st October 2006, the UK enacted a law to make ageism illegal . This is only for employment but nonetheless, despite privacy concerns, ma...
No comments:
Post a Comment