Help Centre

Should I bring equipment owned personally in to a limited company?

It is worthwhile bringing equipment (such as a computer, mobile phone or equipment) as an asset  into the company, as you will be able to claim relief for this against tax. Currently the allowance for the first year the asset is in the company is 100%, meaning the whole cost will be set against your taxable profit, reducing your corporation tax for that year. 

Did you find it helpful? Yes No

Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.