Asset transfer to limited company
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clare222
Registered Posts: 13 New contributor 🐸
Hi, I wonder if anyone can help. I have a new client who has recently moved from sole trader to limited company and is now using various bits of equipment (mainly low value) in the limited company. My question is how much would this be considered worth as they were originally accounted for as revenue expenditure when the client was a sole trader? The items of equipment have been bought over several years.
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