capital expenditure - partnership
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chrischant
Registered Posts: 3
Friends of mine - husband and wife - are in a 50/50 partnership. The business is sign writing. They recently moved house and built a workshop in the garden (not permanent construction) and bought a specialist printer. Their accountant has recently passed away and from what i can tell he hasn't accounted for these additions. The partnership profit is just under £15,000. what is the best way to deal with the assets moving forwards? can the partnership lease the assets off them personally?
thanks in advance
thanks in advance
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