Sole trader - Selling myself inventory for personal use

From what I’ve read the simplest way of buying goods at wholesale with the intent of using them for personal use is to sell yourself the item. Is this the best way for a sole trader?

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Yes the easiest way is to record a receipt from yourself but with the item at cost price (sole trader) because you are not allowed to take profit from yourself. However, you should apply the original VAT that you paid to your supplier because you have become the end-user.