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WDA

Forums › ACCA Forums › ACCA TX Taxation Forums › WDA

  • This topic has 2 replies, 2 voices, and was last updated 14 years ago by jing.
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    Posts
  • August 26, 2010 at 1:01 pm #45078
    jing
    Participant
    • Topics: 3
    • Replies: 4
    • ☆

    In lecture Example 13 (ch 5), I don’t understand why no calculation of WDA after FYA @ 40%. The figure (18000) just transfer to main pool without WDA.My understanding is WDA should be based on TOTAL figure from main pool. Can somebody help me?

    August 26, 2010 at 9:30 pm #67203
    acltang72
    Member
    • Topics: 18
    • Replies: 183
    • ☆☆☆

    WDA is not available for expenditure qualifying for FYA, therefore the £18,000 is only transferred to the general pool after WDA has already been deducted on everything else. In simple words, you can’t give FYA and WDA on the same expenditure

    August 26, 2010 at 9:55 pm #67204
    jing
    Participant
    • Topics: 3
    • Replies: 4
    • ☆

    Cool, thanks a lot.

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