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Chapter 6 -Basis period

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January 22, 2020 at 6:08 am #559420
rutu
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Chapter 6-example 7 open tuition notes
Why is the capital allowance of the car 18%?
January 28, 2020 at 10:16 am #560038
Tax Tutor
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The question asks you to show both the normal basis where capital allowances will be claimed and then the cash basis.
In the normal basis the CO2 emissions are below 110 gm/km and therefore 18% WDA is available.
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