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BPP Revision Kit Q 17 – Capital Allowances

This topic has 1 reply, 2 voices, and was last updated 13 years ago by Tax Tutor.

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May 26, 2011 at 12:03 am #48628
miss_joseph
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Hi again:
Thanks for your previous help. In the question in BPP they say the Sole Trader bought office furniture for 2,400. In the answer they did not take AIA from it but just added it to the main pool. Doesn’t office furniture get the 100% AIA allowance? or is BPP’s answer wrong?
Will be glad for your clarification 🙂
May 26, 2011 at 9:11 am #82345
Tax Tutor
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If this question is cessation that is the final accounting period we don’t claim AIA or WDA just balancing adjustments.
Alternatively the AIA may already have been used on special rate pool items
Hope this helps
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