task capital allowance改會計(jì)期間稅務(wù)利潤addback

Addexpenditurenotdeductiblefortax(egdep’n) anynon-trading Deduct:itemsnottaxedaseAdjustedXLess:Capital XWhatiscapitalACapitalallowancereferstosumsofmoneyaUKbusinesscandeductfromtheoverallcorporateor taxonitsprofit.Thesesumsderivefromcertainpurchasesorinvestments.CapitalallowancesmaybeclaimedntandAbuilding(orstructure)hasbeenconstructedonorafter29October2018Thank感謝您選擇高頓本節(jié)結(jié)束CapitalallowanceofP&M-ClassificationClassificationofP&Mcanbedividedinto4MainShort-lifeassets(lessthan8years)SpecialratepoolLowemissioncar≤50g/kmPartlyprivateusedassetsClassificationClassificationof

Privateused

FYA100%

ClassificationClassificationof CO2

ClassificationClassificationofMotormotorcarwithCO2emissionsbetween51and110g/kmareludedintheMainpool.(50g/km<CO2motorcarwithCO2emissions>110g/kmareludedintheSpecialratepool.motorcarwithCO2emissions≤50g/kmareludedintheLowemissioncar.ClassificationClassificationofSpecialrate motorcarwithCO2Otherassetswithexpectedlifeofmorethanorequalto25yearsAircraft/ntandmachineryintegraltoabuilding,suchElectricalandlightingColdwaterSpaceorwaterheatingPoweredsystemsofventilation,cooling,orLiftsandAssetsthatnormallygointhemainpool,andhaveanexpectedlifeoflessthan8years.AnyP&M,exceptcars,canbeelectedtobetreatasashortlifeassetIfsoldforlessthanTWDVabalancingallowancemaybeclaimedIfnodisposaltakescewithin8years,unrelievedbalanceisautomaticallyreturnedtothemainpoolTheAIAisavailableexpenditureonshortlifeassets.AIAwouldbeallocatedtothemainpooladditions

Privateusedpart40%)

FYA100%

WritingdownallowanceMain 18%perShort-life 18%perSpecialrate 6%perLowemission nothingtoForFornewlyacquiredAnnualinvestmentAIAappliestoallexpenditureonntandmachinerywiththeexceptionofnewlyacquiredcars.AIAprovides lowanceof100%forthefirst￡1000,000ofexpenditureonntandmachinery.ThetaxpayercandecidehowtoallocatetheAIA.Itwillbemoretaxefficienttosetitthespecialratepoolexpenditure(AIA/WDA6%)overthemainpool(AIA/WDA18%).ForFornewlyacquiredFirstyearThereisa100%FYAfornewlyacquiredlow-emissionmotorcars.WritingdownallowanceMotorcarswithCO2emissionsofbetween51and110g/kmare ludedinthemainpoolandqualifyforWDAattherateof18%onthefullpurchaseMotorcarswithCO2emissionsofmorethan110g/kmare ludedinthespecialratepoolandonlyqualifyforWDAattherateof6%onthefullpurchaseprice.Juliaisasoletraderpreparingaccountsto5Aprileachyear.At5April2020,thetaxwrittendownvalueonhermainpoolisIntheyearto5April2021,Juliaboughtthefollowing1June202012November202010February2021Carfor(CO2emissionsCalculatetheumcapitalallowancethatcanmakefortheyearended5AprilCapitalallowanceofP&M-partlyprivateused&BA/BC&smallPartlyPartlyprivateusedOnlybusinessrelatedpartcanclaimthecapitalForFordisposedBalancingCharge/BalancingDisposalvalueorProceeds>TWDV:BalancingDisposalvalueorProceeds<TWDV:BalancingThereisaquestion:whetherthetimepointofthepurchaseTIMEIfaperiodofaccountislessthan12months,FYAandBC/BAisNOTscaleddownorupproportionay.WDA,AIA:shorterorlongerperiodofaccount,scaleddownorup*n/12SmallSmallWheretheTWDVofeitherthemainpoolorspecialratepoolpriortocalculatingtheWDAislessthan￡1,000,theentirebalancemaybetakenasaWDAinthatperiod.The￡1,000isproratediftheaccountingperiodisotherthan12months.ClosingClosingCalculatebalancingallowancesandchargesonFoxtrotdrawsupaccountsto31Decemberand urredthefollowingtransactionsinyearended31December2020.28April2020 Boughtprintingpress 1May2020 Soldlathe(originalcost?6,000)?2,0001August2020 Boughtlathe TheTWDVofthemainpoolat1January2020was Calculatetheallowancestobeclaimedfortheyearended31December2020.Venusisasoletraderandhaspreparedaccountsto30Aprileachyear.At30April2020,thetaxwrittendownvalueofhermainpoolwas￡60,000.Shedecidestomakeuphernextsetofaccountsto31December2020.Intheperiodto31December2020,thefollowingacquisitionswere1May 10July2020Car(CO2emissions90g/km) 3August2020Car(CO2emissions45g/km)–new Venusdisposedofnton1November2020for￡20,000(originalcost￡28,000).CalculatetheumcapitalallowancesthatVenuscanclaimfortheperiodending31December2020.Guypreparesaccountsto31Marcheachyear.At1.4.20TWDVvaluesofntandmachinerywereasMainShortlifeThefollowingtransactionstookceduringtheended31MarchPurchasedPurchasedmotorcar,CO2emissions40Purchasedmotorcar,CO2emissionsSoldalorry(cost Soldshortlifeasset(originalcost CalculateGuy’scapitalallowancesfortheyearended31MarchCapitalallowanceofstructuresandbuildings-ClassificationofstructuresandExpenditurewhichqualifiesasntandmachinerycannotalsoqualifyfortheSBA.Offices,retailandwholesalepremises,factoriesandwarehousescanallqualifyfortheSBA(ascanwalls,bridgesandtunnels),costofsubsequentimprovementsqualifiesforSBA(suchasrenovationexpenditure).Abuilding(orstructure)hasbeenconstructedonorafter29October2018.However,aquestionwillonlybesetwhereconstructionisonorafter6April2020(1April2020forlimitedcompanies).Thebuilding(orstructure)mustbeusedforaqualifyingsuchasatradeorpropertyTheSBAcanonlybeclaimedfromwhenthebuilding(orstructure)isbroughtintoqualifyinguse.SBA=3%×(purchasecost-valueofland)×????/12(n=No.ofmonthsusedinperiodofaccount)Over33?yearperiod(33yearsandfourAseparateSBAisgivenforeachbuilding(orstructure)qualifyingforrelief.LectureLectureexampleHipsterpreparesaccountsto31March.On1July2020,hepurchasedanewlyconstructedfactoryfromabuilderfor￡470,000( landof￡110,000).Thefactorywasbroughtintouseon1SeptemberTheSBAfortheyearended31March2021￡6,300(360,000at3%x lowanceof￡10,800(360,000at3%)willbegiveninsubsequentyears.LectureLectureexampleHipsterpreparesaccountsto31March.On1July2020,hepurchasedanewlyconstructedfactoryfromabuilderfor￡470,000( landof￡110,000).Thefactorywasbroughtintouseon1SeptemberHerenovatedthefactory ostof￡82,000on1January2021.SBAfortherenovationcostfortheyearended31March2021is￡615