Hi @jelenaxm, you still have an unclaimed capital allowance of $0.09m on year 6, to which you are eligible to claim an additional tax savings of $0.09m x 30% =$0.027m.
Sorry this came in late, hope this’ll be useful for the current year P4 students.
hi sir, can you explain why in year 6 we can claim both capital allowances and balancing allowance? Is it in a year we can claim either one? furthermore, it is dispose in year 6, so there shouldn’t be capital allowance claimed in that year. i’m confused.