Balancing charges: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing) |
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''UK Tax''. | ''UK Tax''. | ||
Capital allowances adjustments arising on the disposal of certain individual fixed assets where the sale proceeds exceed the tax written down value or where there is a negative value in the general capital allowances pool. | Capital allowances adjustments arising on the disposal of certain individual fixed assets where the sale proceeds exceed the tax written down value or where there is a negative value in the general capital allowances pool. | ||
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* [[Residue after sale]] | * [[Residue after sale]] | ||
* [[Tax written down value]] | * [[Tax written down value]] | ||
Revision as of 21:38, 31 July 2013
UK Tax.
Capital allowances adjustments arising on the disposal of certain individual fixed assets where the sale proceeds exceed the tax written down value or where there is a negative value in the general capital allowances pool.
Balancing charges increase the amount of taxable profits.
