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Corporation tax-Chapter 17-Example 1

This topic has 1 reply, 2 voices, and was last updated 7 years ago by Tax Tutor.

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May 8, 2018 at 3:56 pm #450627
nirmlathakur786
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Hello Sir,
Corporation tax-Chapter 17-Example 1
Can you please explain the calculations for capital allowance in example 1. I can understand the capital allowance for 68000 but where this 126238 is coming from ? Allowance for 3 month CA should be 51238 as shown in below workings.
Thanks you !!
Nirmala
May 9, 2018 at 11:49 am #450859
Tax Tutor
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Thank you for your input – yes clearly an updating error and the figure should be as per working. I will get that amended in the online notes.
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