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...
-
My article about Dyson's breakdown problems made the front page of reddit and hopefully this article on Bosch will do so too because m...
-
I had the unpleasant experience of trying to uninstall McAfee SecurityCenter today. I needed to install it to test a website that was incorr...
-
It has always surprised me that in the US, where holidays are valued and children get about 6 weeks more annual holiday than the UK, that ad...
-
Having recently returned from a holiday in Oban, I thought it would be appropriate to comment on the state of Gaelic having been involved in...
-
I've been having a busy time over on the Cambrian House site lately. Check out my profile and the full set of awards I completed last ...
-
Every time I go to the post office there's a queue. No matter how much they try and keep the queue length down, inevitably you get stuck...
-
Argos (a top 5 e-commerce site in the UK ) reports on its website when you go to buy something: Remember, you don't need to register t...
-
Why I won't be supporting England in the World Cup It's the sign of a nation that never really grows up that every 4 years we have ...
-
Dyson's motto is "100% suction all the time" or "The vacuum that doesn't lose suction". The consumers' asso...
No comments:
Post a Comment