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Chapter 5 - Capital Allowances - ACCA Taxation (TX-UK) lectures

VIVA Subject Guide
YouTube video
YouTube video
YouTube video
YouTube video

13 Comments

  1. Chris
    Hello. I have a question. It is repeatedly said, "Show your workings". What if I show my workings in the formula bar, and not in the actual cell? (talking about number workings only) If I include a note for the examiner saying, "All workings shown in the formula bar", will that still count? Will I still get marks?



    Someone who has cleared the TX (UK) exam, please clear this for me. Thanks.
  2. Ameena
    I think it would be better to show the workings in the cells itself instead of showing them in the formula bar.
  3. Louise
    Hi,

    Just wondering why in illustration 2 the buyer would claim 3% on the original cost and not the cost he has purchased for less land?

    Thanks in advance.
  4. Fatima
    Please also give lecture on advance taxation acca
  5. DilanSupporter
    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
  6. Nick
    On example 6, the electric car is not stated as "new", yet was given the FYA, why?
  7. Deborah
    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
  8. Deborah
    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
  9. Aziz
    Hi, thank you very much for the lectures. Can I please check why we only take 70% for the allowance in Example 2?
  10. Aziz
    Sorry ignore this - realised the cars are used for business purposes 70% of the time
  11. Benhur
    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?
  12. incepaul
    Because the disposal proceeds exceeded the TWDV i.e. the assets had been over relieved for tax purposes. therefore a balancing charge arises.
  13. Benhur
    Great and easy to understand lectures,Thanks.

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