Hi! Why was the WDV on the the car bought with CO2 emissions of 42g/km not time apportioned? The equation is £12,000x18%(main pool)x60%(business use only). Thank you.
Ask the Tutor ACCA TX-UK
Example 7 Adam - Trading Profit – Basis Periods (part 4) - (FA 2022) TX-UK lec
If you have read the chapter you will see that WDA is only time apportioned when the accounting period is not 12 months long.
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