Lambley
Member Since: 20 Apr 2013
Location: Mid Devon
Posts: 1435
 
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Hi Alphabear, just to clarify, at the moment it is reg'd to my company which is vat reg'd, so when it's sold to me personally the company will pay the vat owing (amount invoiced) back to the hmrc. Then I won't be able to claim the vat back, so it will 'be lost' to me. Well that's what I meant anyway. I'd only add the windows and pay for them myself after transfer, otherwise, I agree, it will look odd. I guess the accountant would question things if I got the company to pay for the Windows before disposal? 
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11th Feb 2016 11:34pm |
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Alphabear
Member Since: 10 Oct 2015
Location: South Wales
Posts: 51
 
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Yes that sounds better  there's also capital allowances to consider so it could be an expensive removal from the company.
The alternative of Windows whilst in the company is also not good as you are likely to be liable to car benefit instead of a van charge, unless it's a pool vehicle ? It's something I have mulled over a lot as I am in a similar position but the things don't depreciate enough to make it worthwhile for a long time, which I suppose is a good thing.
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12th Feb 2016 8:35am |
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