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Old 08-03-2008, 17:31
JohnG JohnG is offline
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Not an accountant, merely a bookkeeper (amongst my many other talents...).

As a general rule never put any assets into a limited company. In this case I'd keep the computers as your personal property. Having said that if you wanted to spend any money on them for some reason you then couldn't put that thro the ltd co.

I suppose you could rent them out to the ltd co in some way though whether the tax man would wear that I couldn't say (ask your accountant). As second hand computers are not worth much in accounting terms it probably wouldn't make a lot of difference either way in fact.

Hope this is not too confusing (confused myself writing it at first...).
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