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chapter 5 lecture PREPARING the capital allowance computation, NOON POOL ASSETS

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › chapter 5 lecture PREPARING the capital allowance computation, NOON POOL ASSETS

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by Tax Tutor.
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    Posts
  • November 15, 2017 at 5:20 pm #416003
    mati0777
    Participant
    • Topics: 3
    • Replies: 5
    • ☆

    hallo,

    In example 2 in this lecture we deduct a disposal of 9400 from 13600 and up to this moment is fine for me. What i do not understand is why after that we did not calculate WDA for this what left.
    13600 cost – 9400 disposal = 4200
    4200 x 70% = 2940
    WDA 2940 x 18% = 529 and this add to allowances column

    if you can re-explain(missed and could not find it) i will be very thankful

    Mateusz

    November 19, 2017 at 1:28 am #416532
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    Have you watched the lecture? When a non pool asset is sold a balancing adjustment is computed NOT a WDA

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