Chapter 18 Tax adjusted profits

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February 9, 2018 at 7:28 pm #436146
dzastina
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Hi there,

I am just doing the practice question no. 24. Why for capital allowance WDA is calculated @ 18% rather than @ 8% as it is main pool plant and machinery?

Thanks a lot!

Best wishes,
Justina
February 12, 2018 at 8:31 am #436531
Tax Tutor
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The main pool rate IS 18%!! It is the special rate pool that is 8%!
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