Asset transfer from soletrader to Ltd

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HBAccounting
HBAccounting Registered Posts: 5 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

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  • douglasstroud
    douglasstroud Registered Posts: 295 Dedicated contributor 🦉
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    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
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