Is it possible for my business to purchase machinery from me personnaly?

Carters

22 Sep 2014 at 15:24 · Viewed 1644 times

As a Bic Micro any machinery / equipment purchased, was not tax deductible, now I am a reel.

Is it possible for my business to purchase machinery / equipment from me personally?
If so how do I record this purchase through my expenses account, can I just raise an invoice from me to the business?
Do I have to provide a paper trail of evidence to prove when / how I purchased the item when I was a Micro?

Answered