Non-Pool Assets (3) Flashcards
1
Q
When can a balancing charge arise on main or special rate pool?
A
If disposal proceeds exceed the balance on the pool
2
Q
When can a balancing charge arise on the capital allowances?
A
Balancing charge added to the adjusted trading profit
3
Q
When can a balancing allowance only occur on the main and special rate pool?
A
On cessation of the trade
4
Q
What is not available in the final accounting period of the business?
A
No AIA, WDA or FYA
