Balancing allowances: Difference between revisions
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* [[Balancing charges]] | * [[Balancing charges]] | ||
* [[Capital allowances]] | * [[Capital allowances]] | ||
* [[Tax written down value]] | * [[Tax written down value]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Latest revision as of 18:27, 3 September 2018
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.
