Claiming a notebook bought before the company registration ?

[Sockpuppet]

I bought a laptop off ebay a couple of months before company registration, but then claimed that as a business expense. The accountant said it was fine (as long it's for business use). I even claimed back the VAT.

Same. Although I did buy this laptop a week before I started my first contract and it was just for that contract.

[VectraMan]

I bought a laptop off ebay a couple of months before company registration, but then claimed that as a business expense. The accountant said it was fine (as long it's for business use). I even claimed back the VAT.

[TheFaQQer]

Selling it to your company is effectively the same as claiming it.

When I setup MyCo, I compiled a list of everything that I'd bought before, with some receipts, and claimed them - whether this is seen as claiming it, or selling it to the company is IMHO a minor thing. My accountant said to compile the list, which I did - I just kept a copy of the list and claimed the money.

See what your accountant says about what you need to do to claim it.

[wizard1974uk]

I brought the notebook from the US stright through the customs without paying a single penny.

Okay, but I was pointing out that if import duty were paid then it wouldn't have to paid again as it is already in the UK.

[2uk]

No because the import duty will have already been paid when it first arrived in the UK. There is nothing dodgy about it at all.

I brought the notebook from the US stright through the customs without paying a single penny.

[wizard1974uk]

it may be dodgy to claim for th elaptop before registration,
Won't you be eligble for the Import tax then?

No because the import duty will have already been paid when it first arrived in the UK. There is nothing dodgy about it at all.

[malvolio]

Sounds kinda dodgy. Not my style.

Tough. Them's the rules.

[cykophysh39]

it may be dodgy to claim for th elaptop before registration,
Won't you be eligble for the Import tax then?

[wizard1974uk]

Sounds kinda dodgy. Not my style.

Nothing dodgy about it. Draw up a proper invoice and sell it to your company.

[2uk]

No. But you can sell it to YourCo at an agreed price, can't you...

Sounds kinda dodgy. Not my style.

[malvolio]

No. But you can sell it to YourCo at an agreed price, can't you...

[2uk]

Can I claim my notebook that has been bought before my company registration. In addition it was bought from the US ?