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Where to sell an iphone

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    #21
    Originally posted by AnotherGuy View Post
    Sorry, I just read this. Was that a reply to my question, or to the original post?

    If it is to my question, what do you mean with "charge". Transfer that amount of money from the business account to my personal account, which concept? And is there something to do with depreciation, or doesn't apply?

    And in any case, is this going to raise any concerns with HMRC? I don't really want to mess up things just for maybe £250...

    Thanks.
    Your post.

    Second hand phones have depreciation in their sale price e.g. they are a percentage of the new price.

    You need to be able to prove if questioned, that your business brought the iPhone at market rate for it's condition. So getting a sold price of eBay for exactly the same model is one way of doing so. Obviously you don't want to take the p*iss so getting a couple of prices and taking the average would do.
    "You’re just a bad memory who doesn’t know when to go away" JR

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      #22
      selling phone

      Ask your friend circle first, they might pay you more if the condition is good.

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