a company has a 15 months accounting period. so there will be 2 CAPs.
in 2nd CAP co. buys equipment that cost 10000 (main pool)
why in 2nd CAP 100% AIA 25 000 are available for the euiplment and not 3/12 * 25000?
the rule says
The £25,000 allowance is for qualifying expenditure in a 12 month chargeable accounting period. If the chargeable accounting period is < 12 months then the £25,000 allowance is reduced accordingly.