Ltd Company - Van Maintenance | on ElectriciansForums
Guest viewing is limited

Discuss Ltd Company - Van Maintenance in the Business Related area at ElectriciansForums.net

rolyberkin

-
Nearly Esteemed
Arms
Joined
Sep 21, 2014
Messages
1,465
Reaction score
1,143
Location
Chelmsford
I am just about to switch from sole trader to Ltd Company (the company is all set up but not yet trading) I have got to go and see an accountant in the next couple of weeks but in the meantime as in the next few days my van needs a service/MOT and probably a load of work.........!:-(

If i re-register the van to the Ltd company today am I right in saying all of the insurance/maintenance costs etc then go to the Ltd company also?
 
Maybe best to see what the accountant has to say. Is the Ltd company buying the van or are you just donating it?
 
I think a major factor,would be if it was 4 year old top of the range red-i Transporter...or a Thames Trader.

This is where a good,approachable and competent accountant,starts to look value-for-money.

A bad one,can only cost you money,whilst a good one...;)
 
a good van and tools should be retained as personal belongings. then if the ltd co goes bust for any reason ( bad payers etc.) the liquidators can't touch your van and tools.
 
What's to stop you setting a limited company to hold the business assets and a trading company as a separate entity.
Then if the trading company goes down the assets are there for another day.

Just make sure the new ltd asset company buys the assets for the market value and you can see the money going between accounts with invoices and receipts available.
 

Reply to Ltd Company - Van Maintenance in the Business Related area at ElectriciansForums.net

News and Offers from Sponsors

  • Sticky
  • Article
Wicked I've just actually looked through it and it's very smart. Some good stuff in it. There's a tile association company that do a magazine...
Replies
2
Views
370
  • Article
OFFICIAL SPONSORS These Official Forum Sponsors May Provide Discounts to Regular Forum Members - If you would like to sponsor us then...
Replies
0
Views
335
  • Article
Hi everyone, Another weekend, another sale! Get ready for colder days with Haverland Radiators, combining efficiency with modern design. Keep...
Replies
0
Views
372

Similar threads

I'd recommend getting a website up and running ASAP. And sign up to google business thingy so your website ends up in Google maps etc. Fill it...
    • Like
Replies
4
Views
2K

OFFICIAL SPONSORS

Electrical Goods - Electrical Tools - Brand Names Electrician Courses Green Electrical Goods PCB Way Electrical Goods - Electrical Tools - Brand Names Pushfit Wire Connectors Electric Underfloor Heating Electrician Courses
These Official Forum Sponsors May Provide Discounts to Regular Forum Members - If you would like to sponsor us then CLICK HERE and post a thread with who you are, and we'll send you some stats etc

YOUR Unread Posts

This website was designed, optimised and is hosted by untold.media Operating under the name Untold Media since 2001.
Back
Top