[neelamshahzadi]

Sir I have watched your video but there is a confusion with a Q. It says ( 3 year project) tax is paid at the end of year and tax relief is claimed as early as possible. And it should take balancing allowance/ charge in 3rd year but instead it is taking tax depreciation and tax relief on depreciation So I am confused with the answer. Does it affect if tax relief is claimed early but tax is paid at the end
Regards

[neelamshahzadi]

But sir in FM chapter 4 “test your understanding 13” it takes tax relief on tax allowable depreciation not on balancing allowance. I don’t understand

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