Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

    • Snakey
    • By Snakey 16th Oct 16, 12:45 PM
    • 1,061Posts
    • 1,281Thanks
    Capex, Brexit and exchange rates
    • #1
    • 16th Oct 16, 12:45 PM
    Capex, Brexit and exchange rates 16th Oct 16 at 12:45 PM
    Sort-of a "budgeting" question so I hope this is the right part of the forum.

    I need to spend some serious money (1,500 or more) on business equipment - new laptop and suchlike - this side of 5 April to keep my income out of the 62% personal allowance clawback band.

    Lately there have been a lot of media articles about currency hedges running out and prices being bound to increase. I had been intending to leave it until January in the hope of getting the most kit for my money as I assume prices have now been put up for Christmas-present-buying season, but now I'm wondering whether that's a bad idea and I should get what I can now (especially as the recent interest rate reductions mean I can no longer get as good a return on the extra five months in the bank).

    Any thoughts? I understand what currency hedging is, but I've no feel for whether it's accurate that most businesses' hedges are done on a calendar year basis and I've no feel for how long a rise in the price of purchases would take to feed through into an increased sale price.

    I would be quite frustrated if I were to wait only to find that I have to pay an extra 500 for the same stuff. The fact that that's only 200 after the tax relief will not console me!
Page 1
    • mgdavid
    • By mgdavid 16th Oct 16, 1:29 PM
    • 5,594 Posts
    • 4,916 Thanks
    • #2
    • 16th Oct 16, 1:29 PM
    • #2
    • 16th Oct 16, 1:29 PM
    It's always been a truism of IT that there's something cheaper and better out next month. JFDI - take the benefit of having and using it now rather than in some months time.
    The questions that get the best answers are the questions that give most detail....
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

3,455Posts Today

7,252Users online

Martin's Twitter
  • It's the start of mini MSE's half term. In order to be the best daddy possible, Im stopping work and going off line?

  • RT @shellsince1982: @MartinSLewis thanx to your email I have just saved myself £222 by taking a SIM only deal for £7.50 a month and keeping?

  • Today's Friday twitter poll: An important question, building on yesterday's important discussions: Which is the best bit of the pizza...

  • Follow Martin