Hello
Six months ago, I bought a second-hand van (light goods vehicle) that I use 70% for professional use and depreciate over 3 years. Now, six months later, I am considering selling it. What is the best way to do this? If I click on ‘sale’ via the ‘depreciations’ tab, I am simply taken to the screen to create a new invoice, but not specifically for the van… I should be able to sell it at its current residual value + depreciation.
Additionally, what vAT amount should I charge for this? I was only able to deduct 70% of the 21%, so do I just sell it at 21% vAT or should it be 7/10 of 21% vAT?
Finally: how do I enter this in Dexxter? A new invoice is automatically entered as 100% profit…
Thanks in advance!