Absolutely love your channel.. It's been my number one go to for any information in my current transition from sole trader to Ltd company. I'd like to ask If you had any suggestions on transferring assets? As I said I am a sole trader and own a Kitchen and bathroom supply and installation company. I'm told that as well as home office equipment that I can also transfer assets such as Tools and equipment. As you can imagine there is a lot and fairly expensive. There is obviously no funds there currently to purchase these however am I right in thinking a Directors loan could be an option? and if so is there any "Rule of thumb" with regards to depreciation when inputting the correct current value of these Items? Thanks in advance Luke
Love your channel thank you 🙏 I’ve got so much help with Xero from your videos.
Glad to help
thanks alot
Please make video on VAT review in Xero between VAT return & VAT control account for Acrual scheme & cash scheme
Amazing, thank you so much - clear and concise information!
You’re welcome
Thanks a million❤
Absolutely love your channel.. It's been my number one go to for any information in my current transition from sole trader to Ltd company. I'd like to ask If you had any suggestions on transferring assets? As I said I am a sole trader and own a Kitchen and bathroom supply and installation company. I'm told that as well as home office equipment that I can also transfer assets such as Tools and equipment. As you can imagine there is a lot and fairly expensive. There is obviously no funds there currently to purchase these however am I right in thinking a Directors loan could be an option? and if so is there any "Rule of thumb" with regards to depreciation when inputting the correct current value of these Items?
Thanks in advance
Luke
Thank you for your informative vids❤
You’re welcome