Accounting Procedures after making an S.266 Election

krgbook
krgbook Registered, MAAT, AAT Licensed Accountant Posts: 1
Good morning,

We have a client who has incorporated.

We are making a S.266 election at TWDV about £2k.

My question is, what disposal proceeds to we put through on the sole trade accounts, the £2k, NBV or MV?

And how do I bring them into the limited company, and at what Value?

Any help would be much appreciated.


Answers

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