Scribd Logo
Upload

Welcome to Scribd!

  • Week 8 Captial Allowances Proforma and Cars

    Uploaded by

    john ashley
    10 views3 pages
    This document provides an example of how to complete Illustration 12 p291 from a set text. It shows additions and disposals to different asset pools, including an air conditioner, machinery, zero emission car, and 43g/km car. It then lists the allowances for each pool, with the air conditioner and zero emission car receiving 100% allowances, amounts going to the main pool at 18%, and some to the special rate pool at 6%. The balances for each pool at year end and amounts carried forward are also displayed.

    Original Description:

    Original Title

    Week 8 captial allowances proforma and cars

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document provides an example of how to complete Illustration 12 p291 from a set text. It shows additions and disposals to different asset pools, including an air conditioner, machinery, zero emission car, and 43g/km car. It then lists the allowances for each pool, with the air conditioner and zero emission car receiving 100% allowances, amounts going to the main pool at 18%, and some to the special rate pool at 6%. The balances for each pool at year end and amounts carried forward are also displayed.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    10 views3 pages

    Week 8 Captial Allowances Proforma and Cars

    Uploaded by

    john ashley
    This document provides an example of how to complete Illustration 12 p291 from a set text. It shows additions and disposals to different asset pools, including an air conditioner, machinery, zero emission car, and 43g/km car. It then lists the allowances for each pool, with the air conditioner and zero emission car receiving 100% allowances, amounts going to the main pool at 18%, and some to the special rate pool at 6%. The balances for each pool at year end and amounts carried forward are also displayed.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    This is an approprate format to use in the exam.

    This example answers Illustration 12 p291 from the set text

    Description Amounts AIA Main Pool Special Rate


    Invested Pool
    Opening b/f balance 64000 0

    Additions
    Air con 1020000 1000000 20000
    Machinery 40000 40000
    Zero emission car 17000
    Car 43g/km 18000 18000
    Disposals -10000

    Balance at year end 1000000 112000 20000

    Allowances
    AIA 100% 1000000
    Main Pool 18% 20160
    Special Rate Pool 6% 1200
    FYA 100%
    c/f Written down values 0 91840 18800
    FYA Allowances

    17000

    17000

    1000000
    20160
    1200
    17000 17000
    1038360
    CARS

    0 g/km FYA 100%


    0-50g/km General Pool 18%
    >50g/km Special Rate pool 6%

    You might also like