Buying a second hand computer for business use
+ Reply to Thread
Posts 1 to 8 of 8
  1. #1

    Still gathering requirements...

    NotReallyButSeriously's Avatar
    Join Date
    Mar 2011
    Posts
    44
    Thanks (Given)
    0
    Thanks (Received)
    0
    Likes (Given)
    0
    Likes (Received)
    0

    Default Buying a second hand computer for business use

    Is it possible to buy a second hand computer from a friend for business use and claim it as an expense?

    Would going through eBay or something make it easier as I can get a receipt?

  2. #2

    Godlike

    Sockpuppet's Avatar
    Join Date
    Oct 2006
    Posts
    7,411
    Thanks (Given)
    0
    Thanks (Received)
    4
    Likes (Given)
    0
    Likes (Received)
    4

    Default

    Your friend can give you a receipt. As long as you pay the market rate that its worth (no paying 5k for a 200 laptop) then there shouldn't be a problem.

  3. #3

    Fingers like lightning


    Join Date
    May 2011
    Location
    Berkshire, UK
    Posts
    711
    Thanks (Given)
    0
    Thanks (Received)
    0
    Likes (Given)
    0
    Likes (Received)
    2

    Default

    Just as a matter of interest, why do you want to buy a second hand one? There are brand new computers available for nearly every budget.

  4. #4

    Still gathering requirements...

    NotReallyButSeriously's Avatar
    Join Date
    Mar 2011
    Posts
    44
    Thanks (Given)
    0
    Thanks (Received)
    0
    Likes (Given)
    0
    Likes (Received)
    0

    Default

    Quote Originally Posted by JamJarST View Post
    Just as a matter of interest, why do you want to buy a second hand one? There are brand new computers available for nearly every budget.
    600 i5 iMac, only 3 months old... who would pass on that offer lol?

  5. #5

    Still gathering requirements...

    NotReallyButSeriously's Avatar
    Join Date
    Mar 2011
    Posts
    44
    Thanks (Given)
    0
    Thanks (Received)
    0
    Likes (Given)
    0
    Likes (Received)
    0

    Default

    Quote Originally Posted by Sockpuppet View Post
    Your friend can give you a receipt. As long as you pay the market rate that its worth (no paying 5k for a 200 laptop) then there shouldn't be a problem.
    With this, should there be anything specific on there?

  6. #6

    More time posting than coding

    Greg@CapitalCity's Avatar
    Join Date
    Jun 2011
    Location
    London, UK
    Posts
    452
    Thanks (Given)
    0
    Thanks (Received)
    0
    Likes (Given)
    0
    Likes (Received)
    0

    Default

    Quote Originally Posted by NotReallyButSeriously View Post
    With this, should there be anything specific on there?
    A hand written receipt is fine. Include on there;
    1. Date of sale;
    2. Name and address of current owner;
    3. Description of the goods;
    4. Amount goods were sold for;
    5. That the goods were sold to your ltd company;
    6. Get both parties to sign it;

  7. #7

    Still gathering requirements...

    Wobblyheed's Avatar
    Join Date
    Mar 2011
    Location
    Sun'land
    Posts
    88
    Thanks (Given)
    0
    Thanks (Received)
    0
    Likes (Given)
    0
    Likes (Received)
    0

    Default

    Quote Originally Posted by NotReallyButSeriously View Post
    600 i5 iMac, only 3 months old... who would pass on that offer lol?
    Me.....cos I hate Apple

  8. #8

    Still gathering requirements...


    Join Date
    Dec 2010
    Posts
    67
    Thanks (Given)
    0
    Thanks (Received)
    0
    Likes (Given)
    0
    Likes (Received)
    0

    Default

    Check out the price of the same or similar product on ebay. Take a printout and retain it, just in case HMRC disputes.
    If you do not find a used product, print out the cost of a new one.

    It will also be useful if your mate gives you a copy of the original invoice - confirming the date of purchase and the original value.

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Content Relevant URLs by vBSEO 3.6.0 ©2011, Crawlability, Inc.