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August 14, 2015 at 12:17 pm
Does anyone tell me why the Exams tips for September is not updated yet? Is it the same as June then?
August 8, 2015 at 3:20 pm
If a sole trader buys plant and machinery, e.g. a computer or a car, which they intend to use partly for private needs, do we need to adjust the cost which qualifies for any of the capital allowances like we do with the expenses?
August 8, 2015 at 4:58 pm
It’s explained in section 3 of this chapter I just got to it
April 8, 2015 at 3:58 pm
If accounting period is more than 12 months like 15 months than we have to proportionate same as small period or we have to do different way can please show us with example how long period are proportioned for AIA
May 7, 2015 at 12:49 am
The long period is computed just like the short period. E. g. for a 15 month period the computation will be (12/15 x 500,000).
September 4, 2015 at 1:24 pm
I think it should be 15/12*500000
March 2, 2015 at 5:54 am
under illustration 1 capital allowance..the AIA is 30000, but the maximum limit is 500000 pound available.Then why don’t we write 500000 in the allowance column.
March 13, 2015 at 1:19 pm
Because you can only claim what you’ve spent. You wouldn’t be able to claim £500,000 worth of allowance, if you’ve only spent £30,000 – the £500,000 is a maximum.
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