Capital Allowances - WDA on private use assets

HHannah16y ago

In the BPP exam questions at the back of the study book, number 10 about capital allowances shows addition of a new car to a private use single asset pool of £13400, less WDA at 20% £2680 and have come up with the total of £10400. I dont work this out to be correct but want to check that it isnt just that I am looking at it wrong or missing something. If you have the BPP books could you please have a look and let me know what you think.
Many thanks

Aacltang7216y ago#1

I have an old textbook so I'm not sure if the question is the same. If its the Tom Hardy question with a business use of 80% of the asset the TWDV c/fwd should be £10,720 and capital allowances of £2,144. Is that what you got?

SSatesh16y ago#2

@sugie said:
In the BPP exam questions at the back of the study book, number 10 about capital allowances shows addition of a new car to a private use single asset pool of £13400, less WDA at 20% £2680 and have come up with the total of £10400. I dont work this out to be correct but want to check that it isnt just that I am looking at it wrong or missing something. If you have the BPP books could you please have a look and let me know what you think.
Many thanks

please explain in question in full....so it is easy to reply..

Aaccaman16y ago#3

It's clearly wrong, I had a look myself.

HHannah16y ago#4

Thanks! yes I ended up with £10720 TWDV c/f , i thought I was right but just wanted to make sure as I didnt think the book would be wrong!!

SSatesh16y ago#5

@sugie said:
Thanks! yes I ended up with £10720 TWDV c/f , i thought I was right but just wanted to make sure as I didnt think the book would be wrong!!

Please check the &age of private use and business use... in Capital allowance column only business usage is included so, this could be the reason for difference.

Sign into reply to this topic.