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What will be the capital allowance provided for the car (132g/km CO2) which has private use of 50%.
1.)If TWDV is 1050
2.) If TWDV is 900
I’m not able to understand how the small pool concept will apply here :/
Or if my ques is wrong for the 2nd case ..that there can never be an amount of 900 in TWDV ?In 1st case, capital allowance will be 42 (1050 * 8% * 50%). But TWDV left will be 966 (1050-84). So do we allow for whole 966 in capital allowance or just 50% of it.
And regarding 2nd case, is this situation is possible to arise ?
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