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Capital allowances

This topic has 1 reply, 2 voices, and was last updated 8 years ago by Tax Tutor.

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July 4, 2016 at 10:46 am #324662
shubham
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Chapter 5 Illustration 1 .AIA allowance would be 100% of 300000*6/12 in my concept.clarify this..
July 5, 2016 at 6:03 pm #324745
Tax Tutor
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No – look at the note and the answer. The AIA available for a 6 month period is a max 6/12 x 500,000 = 250,000 – you do not take 6/12 of the expenditure.
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