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April 24, 2019
Question

How do I record a company vehicle purchase and sale?

  • April 24, 2019
  • 1 reply
  • 3 views

Hi, wondering if you can help? The business bought a commercial vehicle in December and sold it in March - how would I record this so it shows correctly on the VAT return?

1 reply

April 24, 2019

Hey HW1,

 

Thanks for posting your question here on Community.

 

I think this is a question that a member of our Community will be able to answer as I can see this a s a question to check with an accountant to ensure this reported correctly for VAT purposes.

 

Thanks