I'm not sure how to apply for personal credit card as contractor as you normally need to state a salary before income tax, but as contractor we will pay less tax. This may construe as me having less salary i.e. at 40k net salary contractor vs approx 63k permanent employee.
Therefore, I thought about applying for a business credit card that will give me decent 0% balance transfer and a larger credit limit. I don't attend to pay the balance with my business account but my personal account.
Is this illegal and/or fraudulent? Any advice on obtaining credit cards as a contractor?
Therefore, I thought about applying for a business credit card that will give me decent 0% balance transfer and a larger credit limit. I don't attend to pay the balance with my business account but my personal account.
Is this illegal and/or fraudulent? Any advice on obtaining credit cards as a contractor?
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