heelllppp please – re difference between proration of CAs for corp and unincorporate businesses

Home Forums ACCA Forums F6 Taxation Forums heelllppp please – re difference between proration of CAs for corp and unincorporate businesses

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    jrow
    Participant

    can anybody please explain when you do and do prorate capital allowances for unincorporated and incorporated businesses – just as I think I get , I get confused again!]

    many thanks,


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    nadine1983
    Participant

    When you are faced with a question that involves ca, you have to note weather the company has a full accounting period or its just a period ending.
    Say for example its period ending dec 2009 and they started july 09
    thats six months
    so you need to prorate aia 50 000 x 6 / 12, you never prorate fya. And you prorate the WDA’s as well
    I hope this help?

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