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First year allowances

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › First year allowances

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by Tax Tutor.
Viewing 2 posts - 1 through 2 (of 2 total)
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    Posts
  • December 9, 2016 at 1:35 pm #362634
    Laura
    Member
    • Topics: 3
    • Replies: 23
    • ☆

    Hi,

    Just hoping you clarify a point from the Dec exam that a lot of students are debating.

    There was a second hand car purchased that was a low emission car this will not qualify for fya as it is second hand is this correct?

    Many thanks

    December 23, 2016 at 9:31 am #364301
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    Only NEW low emission cars qualify for FYA – so correct a 2nd hand car will not rank for FYA but will be eligible for WDA

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