The Brew Cabin

Posted: **Thu Jan 27, 2011 9:29 pm**

surely by the time it comes to selling any van it worth nothing "according to your books" because the account has been claiming the depreciation against any profit made each year. you then submit an invoice from a mate for disposal of said worthless vehicle. which he then sells on and you split the profits!

am I right ....... or looking at stretch

Posted: **Thu Jan 27, 2011 10:15 pm**

mikeys going to jail. these things are not discussed in polite company. :;):

Posted: **Thu Jan 27, 2011 10:26 pm**

Hawk wrote:bought my van about 4 years ago when I wasn`t Vat registered, now I am Vat registered and upgrading my van,
question is do I charge Vat on the sale ?

yes you do, once registered as a sole trader for vat you charge it on all sales. MSH

The Brew Cabin

Cabstar tipper