Asset transfer from soletrader to Ltd

HBAccounting
HBAccounting MAAT, AAT Licensed Accountant Posts: 6 New contributor 🐸
I have a soletrader who has incorporated. Soletrader has had a van since 2015 which has a tax written down value of nil. How do I transfer this asset to the Ltd Co?
Thank you

Answers

  • douglasstroud
    douglasstroud Registered Posts: 288 Dedicated contributor 🌟 🐵 🌟
    Have a look at doing a CAA2001 s266 election, this may be an option for you depending on the circumstances and what the client wants to achieve
    HBAccounting
Privacy Policy