• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>

Capital allowance concept

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Capital allowance concept

  • This topic has 1 reply, 2 voices, and was last updated 1 month ago by JillyB.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • February 16, 2023 at 5:44 pm #678992
    maximus07
    Participant
    • Topics: 430
    • Replies: 424
    • ☆☆☆☆

    Mr.A bought a van last year for 30,000. This year he sold same van for 35,000.
    Opening balance of main pool for current year = 300,000.
    Accounting period = 1 Jan 2021 to 31 Dec 2021.

    Can you please solve this for me? I just want to get a concept which I cannot ask you but can get from this example.

    By the way, I want to know is that if we have balance charge for an asset of a pool so will it be directly used to reduce capital allowance or will it reduce capital allowance over the period.
    Thank you in advance.

    February 17, 2023 at 9:33 am #679018
    JillyB
    Moderator
    • Topics: 0
    • Replies: 275
    • ☆☆☆

    Without sounding rude it looks from the question like you have not read the manual nor watched the recording of the lecture.
    You cannot answer the question from this information
    also the information is a year out of date and the rules have changed

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

ACCA News:

Changes to the SBL exam from September 2023

ACCA My Exam Performance for non-variant Applied Skills exams is available NOW

NEW! Download the ACCA Pass Guide

FREE Verifiable CPD for ACCA Members

ACCA mock exams and debrief videos

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

 

Donate

If you have benefited from OpenTuition please donate.

ACCA CBE 2023 Exams

Instant Poll * How was your exam, and what was the result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Specially for OpenTuition students

20% off BPP Books

Get BPP Discount Code

Latest comments

  • Liz7827636 on IASB Conceptual Framework – Introduction – ACCA Financial Reporting (FR)
  • Patrickizzo on Accounting for overheads part 3 – ACCA Management Accounting (MA)
  • John Moffat on Investment Appraisal Under Uncertainty: Sensitivity Analysis (example 1) – ACCA Financial Management (FM)
  • DIVIJ on Investment Appraisal Under Uncertainty: Sensitivity Analysis (example 1) – ACCA Financial Management (FM)
  • mohamedrashedalansari on Basic group structures – Impairment – ACCA (SBR) lectures

Copyright © 2023 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in


We use cookies to show you relevant advertising, find out more: Privacy Policy · Cookie Policy