Business Assets during dormancy
Business Assets during dormancy
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Discussion

DickP

Original Poster:

1,134 posts

166 months

Wednesday 23rd November 2022
quotequote all
Hi,

I have a small business which is likely going dormant for the foreseeable due to an opportunity which has me as an employee for another company. I have assets against my business such as some office equipment and electronics purchased in the current business tax year. What happens with these?

Thanks,

Eric Mc

124,033 posts

281 months

Wednesday 23rd November 2022
quotequote all
Do you plan to use them personally?

DickP

Original Poster:

1,134 posts

166 months

Wednesday 23rd November 2022
quotequote all
Hi

As they form part of the home office (eg some furniture) it would be ideal but if there are negatives in doing so then I would have to look at moving them somewhere I guess?

Just looking for an overview as not been able to find clarity on the web or government websites.