45ft Lusty Tri-axle/Drop Deck Trailer Owned By Individual

Question

 · Accepted Answer

TonyATO · Answer

Depreciating assets can be ones you personally own and bring into your business. It doesn't matter if the trailer was purchased in the directors' name, it will still be a depreciating asset of the company, if it was used by the company to produce income. It sounds like they have done the right thing :) TonyATO

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