Chapter 20 – Chargeable Gains – Companies – Further Aspect – ACCA Taxation (TX-UK) lectures 20.1 Part disposals, chattels, non chattel wasting assets [39m] 20.2 Assets damaged, lost or destroyed [35m]
omavictor saysDecember 6, 2022 at 6:08 amWell done sir. Just an observation, in example 3, The allowable cost is 14,400 not 15,400. (24,000-9,600)Log in to Reply
jelenakurobasa saysNovember 20, 2021 at 9:48 amHello! First of all thank you for very useful videos and examples. I have one question regarding example 2 part c – why there is no indexation allowance for this type of chattel? Thank you very much in advance! Best regardsLog in to Reply
cmljames saysFebruary 24, 2022 at 8:13 pmbecause there is a capital loss, and indexation allowance can’t increase a loss.Log in to Reply
Well done sir.
Just an observation, in example 3,
The allowable cost is 14,400 not 15,400.
(24,000-9,600)
for example 2 for d) how is it an exempt???
Hello! First of all thank you for very useful videos and examples.
I have one question regarding example 2 part c – why there is no indexation allowance for this type of chattel?
Thank you very much in advance!
Best regards
because there is a capital loss, and indexation allowance can’t increase a loss.