6 capital allowances Flashcards
1
Q
explain the ‘within which’ and ‘with which’ in regards to capital allowances
A
2
Q
explain how we use ‘acquisition cost’ for capital allowances
A
3
Q
explain how ‘disposal value’ is used for capital allowances
A
4
Q
what does assets in the main pool include
A
5
Q
what does ‘writing down allowance’ contain
A
6
Q
what are the first year allowances
A
7
Q
What do you get 100% FYA on?
A
8
Q
what is annual investment allowance? what can it be used on and not used on
A
9
Q
WDA for small pools
A
10
Q
cars/assets with private use/ AIA
A
11
Q
explain assets with private use by sole trader or partner
A
12
Q
explain a balancing adjustment for a balancing charge
A
13
Q
explain a balancing adjustment for a balancing allowance
A
