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Which TWO ofthe following statements concerning the tax treatment of capital expenditure
are ALWAYS correct?
A A goods vehicle with zero CO2 emissions will qualify for a FYA
B Expenditure on a building qualifies for a 3% SBA from the date of acquisition
C The main pool qualifies for the small pool WDA if the balance after disposals is less
than £1,000
D The AIA is allocated to additions in the special rate pool in priority to additions in the
main pool
E A balancing adjustment is calculated on the disposal of a building on which SBAs have
been claimed
F On disposal of a building that qualified for SBAs the seller increases the sales price by
the SBAs claimedHi JillY,
The model Answer for the above is D & F but I think it is C & F,
Because does the AIA is allocated to additions in the special rate pool in priority to additions in the
main pool ?Sorry I edited the above question but nothing appeared to be done.
Can you please clarify.
Thanks.
Hi ,
D:The AIA is allocated to additions in the special rate pool in priority to additions in the
main poolis that okay and how ,
I want to know why c is incorrect.Thanks,
I think C is incorrect as it has to be before disposals.
Yes – you would allocate AIA against SPR items first as they only qualify for a smaller amount of WDA afterwards
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