| Author |
|
volker
Newbie
Joined: 07 July 2007
Location: Australia
Posts: 3
|
| Posted: 07 July 2007 at 05:17 | IP Logged
|
|
|
Recently I bought a car from a Toyota dealer. I am an entrepreneur and just arrived in Australia. Originally I wanted to purchase the car from my private funds.
The dealer noticed that I have the funds to pay for the car, but no employment.
He decided to make the car a business owned car in the name of my business although, I payed from my private funds.
How in the world can I manage to book this car as part of the business?
Can I just sort of present the car to the business? How can I book this with MYOB?
Cheers
Volker
|
| Back to Top |
|
| |
chinamonty
Newbie
Joined: 04 January 2007
Location: China
Posts: 26
|
| Posted: 16 July 2007 at 07:52 | IP Logged
|
|
|
You need to talk to an accountant because of the tax implications. The bookkeeping part of it wont be hard but you need to be given specialist advice on how to treat it. Did you pay GST for instance? (By the way I am an Australian)
Edited by chinamonty on 16 July 2007 at 07:53
|
| Back to Top |
|
| |
volker
Newbie
Joined: 07 July 2007
Location: Australia
Posts: 3
|
| Posted: 16 July 2007 at 11:16 | IP Logged
|
|
|
Thanks for the hint mate. I will see my accountant on Wednesday.
What are you doing in China?
Ever heard of XING.com?
Cheers
Volker
|
| Back to Top |
|
| |
Active Topics 
Memberlist 
Search 
Help
Register 
Login
MYOB Forum - Anit Limited : MYOB Version 15
Topic: Business car
