Sell company iMac

[coded]

Hello,

I bought an iMac for my limited company in May 2016. I am looking to sell the iMac, do I need to inform my accountant & am I supposed to pay the money received from selling the iMac back into the business?

Kind Regards

[supfoxtrot]

Hello folks,

I am working under the umbrella company Paystream.

Recently due to the lockdown situation our work has moved to our homes and we are to use our personal computers to complete our contracted work.

I have been having issues with a slow computer...

[Guest22]

I've been discussing with my accountant recently whether I should capitalise purchase of computer equipment as it seems to be fairly undefined what should and shouldn't be classed as an expense or an asset that depreciates.

My accountant tells me that, generally, purchases over £1000...