Forum Discussion

Ravinder's avatar
Ravinder
Experienced User
3 years ago

how to record sale of partially depreciated vehicle

Hi I have used my personal car only once for business purposes and claimed depreciation for the business portion in the year 2018-19 company tax return. The value of the car was $35070 and after dep...
Tracey_H's avatar
Tracey_H
Former Staff
3 years ago

Hi Ravinder 

 

Thanks for your post. As we're not accountants we're not permitted to advise on how that sale needs to be recorded. You will need to speak to your accountant to ensure it is reported correctly.

 

Please let me know if you need further help.

 

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