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Ask the Tutor ACCA TX-UK

Capital Allowances

LLydia4y ago
Chapt 5 Illustration 3- Why is WDA not time apportioned in the transactions occurred in July & November.
TTTax Tutor4y ago#1
I do not know what example you are referring to - but as the notes and lectures clearly state - the date within the accounting period that an asset was purchased is irrelevant in determining the level of WDA available - only the length of the accounting period itself, if other than 12 months, will require a WDA (or indeed AIA) to be time apportioned!
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