Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Mr C's old laptop has just gone pop on him (literally...) and I want to give him mine and get myself a new one.
I bought it last September - can I buy a new one every year?
"I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...
Mr C's old laptop has just gone pop on him (literally...) and I want to give him mine and get myself a new one.
I bought it last September - can I buy a new one every year?
You can buy a new one every week, if you like. Only thing you have to be careful of is the "giving away" of the old one. If it's not being scrapped, then you'd have to sell it to Mr C. and put the money in the company account.
But what I think you are suggesting is "can I have two of the things in my company and both owned by it." Again, that's not a problem. If the IR ever investigate, just tell them your old machine couldn't keep up so you bought a better one. When I last had an IR inspection, I had 3 machines, and they didn't give a damn. I have a mate who is a fellow contractor with 5 laptops. Go figure.
Thanks chaps. I'm nowhere close to 10K (9.6 off it, in fact...)
"I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...
Comment