Can somebody help me understand in question 1a) in sensitivity calculation how do they get 0.027 million Unrecovered allowance in year six ?
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.
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