ämnet selling old equipments på tavlan Frågor om bokföring

selling old equipments

syedaabidi — Thu, 28 Mar 2024 06:07:54 GMT

hello,

I want to sell my shop equipments which is recoded in fixed assest (tools) and I am selling it in loss. Do I have to pay VAT ?. I bought it as second hand item and at the time of purchase i didn't pay any VAT.

and what will be the entry?

Thanks

Svar: selling old equipments

AccountantfromHell_singland — Thu, 28 Mar 2024 07:00:30 GMT

Hi, when you buy stuff to use in your business (fixed assets) and you buy it from a person without VAT, then you don´t need to charge VAT when you sell it.

The VMB-rules (Vinstmarginalbeskattning) that you maybe wonder about is something you use only when you buy goods for sale.

So no VAT when you sell your tools, and it doesn´t matter if you bought expensive things or if they were cheap and the was recoded as costs.

VMB only regards goods for sale... Good luck and happy easter!!

Svar: selling old equipments

syedaabidi — Thu, 28 Mar 2024 07:05:42 GMT

Thanks for your clear answer and swift reply.