Hello I have a question, don’t we use WDA rates when the asset is going to be disposed off? Because I notice she doesn’t use WDA rates when wanting to dispose the asset
Please I have a question, don’t we use WDA rates when the asset is going to be disposed off? Because I notice she doesn’t use WDA rates when wanting to dispose the asset
Thanks for the lectures.On the lecture notes it is stated that a balancing adjustment will be made on the main or special pool on cessation of trade but in example 4 their is no mention of cessation but their is a balancing adjustment. Can you please clarify on that?
Please also give lecture on advance taxation acca
Can someone please explain me how did the (15/12) figure came in the answer of the motor car WDA in practice question 11 (Grace) ?
Thank you
On example 6, the electric car is not stated as “new”, yet was given the FYA, why?
Hello I have a question, don’t we use WDA rates when the asset is going to be disposed off? Because I notice she doesn’t use WDA rates when wanting to dispose the asset
Please I have a question, don’t we use WDA rates when the asset is going to be disposed off? Because I notice she doesn’t use WDA rates when wanting to dispose the asset
Hi, thank you very much for the lectures. Can I please check why we only take 70% for the allowance in Example 2?
Sorry ignore this – realised the cars are used for business purposes 70% of the time
Thanks for the lectures.On the lecture notes it is stated that a balancing adjustment will be made on the main or special pool on cessation of trade but in example 4 their is no mention of cessation but their is a balancing adjustment.
Can you please clarify on that?
Because the disposal proceeds exceeded the TWDV i.e. the assets had been over relieved for tax purposes. therefore a balancing charge arises.
Great and easy to understand lectures,Thanks.