Comments

  1. avatar says

    Going back to what michael has said regarding the y/e 31/12/14, does this mean that the AIA is apportioned to 9/12 x £500000? In terms of if it were to be over the annual limit (in question 2 this wouldn’t be relevant as total is only £6600)?

    • Profile photo of Job says

      Hi Ada. I think it’s because the AIA is an “annual” allowance so there would be no need to carry it over to the next period since the next period also has its own 500,000 available AIA.

    • Profile photo of Job says

      Hi Kavina. Only assets with private use by the business owner goes into a separate column. Since the car you is used by the employee, it goes into the WDA pool. Hope this helps.

Leave a Reply