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Capital Allowances: Plant and Machinery

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Capital Allowances: Plant and Machinery

  • This topic has 1 reply, 2 voices, and was last updated 2 years ago by Tax Tutor.
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  • April 29, 2020 at 1:01 am #569462
    aarti2407
    Member
    • Topics: 36
    • Replies: 8
    • ☆

    Sir, does the AIA gets affected(proportionately increased/reduced) with the length of ownership of the asset during the period? Or it solely depends on the length of the period of account like WDA?

    May 2, 2020 at 10:16 am #569762
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    Hmmm – if you had watched the lectures and read the notes I don’t think you should be asking this question. Neither the date within the accounting period the asset is purchased nor the length of the accounting period impact on the FYA

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