| "My bloke said that the VAT on the sale price of the bike had to be paid back when the company disposes of the bike, so you only save the difference between the price you buy the bike at and the price you sell it for."
thanks for the info, what if I then sold it to someone for, say, 1 pound?
I'm talking about a 3 grand bike anyway so it isn't really going to save me that much. I'll mail the accountant and see what's what. |