- This topic has 1 reply, 2 voices, and was last updated 7 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
If a company’s current policy of simply allocating any qualifying expenditure to the main pool or the special rate pool. Explain how the other types of capital allowace might be used to achieve a more tax efficient solution.
It is not a question of a company’s policy – qualifying expenditure on plant and machinery will either qualify as main pool expenditure or special rate pool expenditure!
The only decisions to be made by the taxpayer are;
– to allocate AIA firstly to special rate pool expenditure, and
– if dealing with an unincorporated trader, to limit the CA claim so as not to waste the PA
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.