Hi
I as a contractor with my own limited want to sell the compay van to myself and then on privately.
The question is - what is the best way to go about this and do I have to charge VAT to myself as ive been told that I do - but I can't get my head round why?
The Vehicle is nearly three years old and bought from new by my company.
Also - would HMRC want evidence as to the value of the vehicle and could I use a "webuyanyvan" quote as such ?
Many thanks in advance to anyone who can answer as I cant find anything about it on HMRC website or search engines.
I as a contractor with my own limited want to sell the compay van to myself and then on privately.
The question is - what is the best way to go about this and do I have to charge VAT to myself as ive been told that I do - but I can't get my head round why?
The Vehicle is nearly three years old and bought from new by my company.
Also - would HMRC want evidence as to the value of the vehicle and could I use a "webuyanyvan" quote as such ?
Many thanks in advance to anyone who can answer as I cant find anything about it on HMRC website or search engines.
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