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Capital Allowance and VAT

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Capital Allowance and VAT

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by JillyB.
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  • March 3, 2024 at 4:18 pm #701862
    zafaralisha
    Participant
    • Topics: 9
    • Replies: 11
    • ☆

    Do we use VAT Inclusive amount or VAT exclusive amount for capital allowance if their is a car with 100% business use?

    March 11, 2024 at 1:14 pm #702778
    JillyB
    Keymaster
    • Topics: 0
    • Replies: 899
    • ☆☆☆☆

    You will not need to worry about VAt in a capital allowances computation

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