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SBA Allowance

This topic has 2 replies, 2 voices, and was last updated 3 months ago by Aayush98.

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March 6, 2022 at 7:55 am #649956
Aayush98
- Topics: 17
- Replies: 8
Dear Sir,

Hope you are well.

Kindly advise if the SBA allowance calculated is added to the capital allowances calculation which will be subtracted from the operating profit?

Please confirm the same.

Thank you.

Aayush Shah
March 7, 2022 at 10:04 am #650042
Tax Tutor
- Topics: 2
- Replies: 3929
Yes – the capital allowances to be deducted from the adjusted trading profit to compute the tax adjusted trading profit are the combination of the CA on plant and machinery and the SBA
March 7, 2022 at 12:38 pm #650052
Aayush98
- Topics: 17
- Replies: 8
Hi,

Thank you so much for the prompt clarification.

I highly appreciate the same.

Thank you.

Aayush Shah
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