Questions about expenses [merged]

[SueEllen]

Nope, I wanted proof that I purchased a non stolen good

Then don't buy from gumtree.

If I was joe bloggs off loading a stolen laptop I would sign any name and give you any address.

[cojak]

This is a Professional forum guys please remember that.

[ItRYmyBEst]

LOL! So you want to buy a macbook at below cost and put the original buyer's purchase price through your books using their receipt.

God loves a tryer!

Nope, I wanted proof that I purchased a non stolen good

[Pondlife]

LOL! So you want to buy a macbook at below cost and put the original buyer's purchase price through your books using their receipt.

Hector loves a tryer!

FTFY.

[BolshieBastard]

Can I buy a macbook on gumtree with cash as business expense, as long as I take a picture of the original receipt as a Proof of purchase that the buyer had? It will cost me less than this receipt though.

LOL! So you want to buy a macbook at below cost and put the original buyer's purchase price through your books using their receipt.

God loves a tryer!

[ItRYmyBEst]

Gumtree!?!?

YANCOTBAC

say WAT??

[JRCT]

Can I still buy this as a business expense and use it for personal stuff also like surfing the web, watching videos?

You're not a Judge, are you?

[GlenW]

Gumtree!?!?

YANCOTBAC

[ItRYmyBEst]

Yes, it reduces your CT bill. Are you capitalising it?

I don't know, should I? what does it do buy doing that? Can I still give it away in like 4 years to family member?

[TheCyclingProgrammer]

Nice, so its tax free right, I don't pay corporation tax on the funds used to buy this?

Yes, it reduces your CT bill. Are you capitalising it?