OLD MACHINE PURCHASE

This discussion explores how to purchase a used machine from a neighbour for a business, specifically a cafe, when an official invoice isn't available. The user wishes to pay £97,000 via their private limited company. Suggestions include creating a simple purchase agreement and ensuring payment is made through the company's bank account. It's also clarified that the amount is unlikely to be subject to TDS (Tax Deducted at Source) as it falls below the threshold limits.