Hi.. Plz explain to me why AIA for machinery is at £200 000 and not full amount of £1m? Transactions took place during year ended 31 march 2020 One of which is 30 sep 2019..purchased machinery at £500 000
A number of students have asked this question – I can only assume that the question has not been properly updated from last year when the AIA was set at 200,000!