Forums›ACCA Forums›Plant and Machinery loss on disposalACCA ForumsTXPlant and Machinery loss on disposalJSJivesh Seeam6y agoDear Sir When plant & Machinery is sold at a profit, a capital gain arises. But when sold at a loss why is the loss not allowable? How does it get relief through capital allowances?Sign into reply to this topic.
JSJivesh Seeam6y agoDear Sir When plant & Machinery is sold at a profit, a capital gain arises. But when sold at a loss why is the loss not allowable? How does it get relief through capital allowances?
