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Hi there,
I have notes from LSBF which are telling me the following :
“Capital allowances can be claimed either in advance (from year zero) or in arrears
(from year.
? If the project is to be undertaking at the beginning of an accounting year,
capital allowances would be claimed from year one.
? If the project is to be undertaking at the end of an accounting year, capital
allowances would be claimed from year zero”I can’t seem to make head or tails of this…can you please clarify?
Many thanks
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