This post will make no sense until you read Girl Maths Part One but for those of you who have, could I just apologise - I have made some basic errors in my previous calculations.
Dennis says I can 'magic money'. Since I posted I started to wrap Christmas presents and realised that I had, in error, ordered two of an item from Amazon. The money I get back when I return it less postage? £11.28. So now I am only pence short. And that was when I suddenly realised.
I made a very, very small income from quilting this year. Tiny. But still taxable as self -employed income. Which means I can tax deduct the machine as a cost of my business and set the cost off against not only my quilting income but my other taxable income, which reduces the cost by £199. Before its starts paying for itself.
Oh and I have now found a shop selling it for the same price but with a special offer kit with free feet and extension table (which I always use on my existing machine). £99 worth of stuff for free. And free next day delivery still guaranteed to my area despite weather.
And I paid with my cash back credit card which gives me 1% of the price back.
Forget the coalition. Vote me for Prime Minister. I'll get rid of the deficit in no time.