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IT Hardware

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    #1

    IT Hardware

    Some months ago my Ltd Co bought two laptops from me at reduced price as I needed them for my role. Now I think I need a new one before the end of the year, so can I buy them back from my Ltd Co at a further reduced price and then buy the new one on Ltd Co when ready?

    ????
    "If you can read this, thank a teacher....and since it's in English, thank a soldier"
    Tags: None
    #2
    Yes, the Inland Revenue love that sort of thing.

    Comment

      #3
      Surely as a company I am allowed to refresh my IT equipment?
      "If you can read this, thank a teacher....and since it's in English, thank a soldier"

      Comment

        #4
        But not through buying and selling to yourself...

        And for depreciation purposes computers only have a shelf -life of 2 years.
        "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

          #5
          Was I right ini buying the hardware from myself in the first place as I did it at reduced cost to the company?
          "If you can read this, thank a teacher....and since it's in English, thank a soldier"

          Comment

            #6
            just leave it all in the company's name. shouldn't make any difference to you, and AFAIK you can buy as much hardware as you like...you are an IT company after all...
            "Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. "


            Thomas Jefferson

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