- This topic has 3 replies, 3 voices, and was last updated 9 years ago by
.
Viewing 4 posts - 1 through 4 (of 4 total)
- Posts
Does Balancing Charge( negative balance) increase capital allowance figure or decrease it?
I think Balancing Charge occurs when your Disposal Proceeds exceeds your WDV(a profit on disposal), hence it reduces your capital allowance to have a net effect on your adjusted Trading Income.
A balancing charge will reduce the capital allowances of the accounting period
Viewing 4 posts - 1 through 4 (of 4 total)
- You must be logged in to reply to this topic.