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March 19, 2020 at 9:10 am
Hello sir…in WDA method we use time apportioned- main pool and special rate pool is part of WDA, so while calculating car allowance of 100g/km and 170g/km, why didn’t we settled it according to time. In case of 100g/km and 170g/km, it should be 9 months i.e. 9/12.
March 21, 2020 at 3:20 am
It is only time apportioned for a business with an accounting period less than or more than 12 mths, this is an ongoing business. If you notice they have a WDV b/f and it is for an 12mth period.
March 23, 2020 at 5:23 am
How can accounting period be less or more than 12 months?
March 31, 2020 at 7:38 am
business starts on 1/1/19, year end is 31/3/19. That’s how an accounting period be less than 12 months. I don’t know about how can it be more.
June 19, 2020 at 6:33 am
So, does that mean, Time Apportioned allowance is only applicable to business in their very first year-end?
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