partnership and Capital allowance

1) A partnership IS an unincorporated business - not sure what you mean by "partnership private expenses" - if a business incurs a private expense of a partner it will be treated in exactly the same way as for a sole trader and disallowed in the adjustment of profit 2) Pre-trading capital expenditure is treated as being incurred on the first day of trading of the business

unincorporated entities consist of (individuals) include 1) sole proprietor forming his/her own business 2) partnership right sir? and the treatment of it are looking on individual basis whereas incorporate entities are solely business, and the tax treatment of it are looking at the company basis. thank you sir

An unincorporated trader is indeed a sole trader or a partner in a partnership and their tax adjusted trading profit is charged to income tax. An incorporated trade is a company and its tax adjusted trading profit is charged to corporation tax