Balancing allowances: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Charles Cresswell No edit summary |
imported>Doug Williamson m (Spacing) |
||
| Line 1: | Line 1: | ||
''UK Tax''. | ''UK Tax''. | ||
Capital allowances adjustments arising on the disposal of certain individual fixed assets where the sale proceeds are less than the balance of unrelieved expenditure (tax written down value). | Capital allowances adjustments arising on the disposal of certain individual fixed assets where the sale proceeds are less than the balance of unrelieved expenditure (tax written down value). | ||
Balancing allowances reduce the amount of taxable profits. | Balancing allowances reduce the amount of taxable profits. | ||
Revision as of 21:37, 31 July 2013
UK Tax.
Capital allowances adjustments arising on the disposal of certain individual fixed assets where the sale proceeds are less than the balance of unrelieved expenditure (tax written down value). Balancing allowances reduce the amount of taxable profits.
