Maurice prepares accounts to 5 April each year. The written down value of his main pool at
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Maurice prepares accounts to 5 April each year. The written down value of his main pool at 5 April 2021 was £10,300. There was no special rate pool. His purchases and sales of plant and machinery during the year to 5 April 2022 were as follows:
Compute the capital allowances which may be claimed for the year to 5 April 2022, assuming no private use of any of the assets.
Transcribed Image Text:
7 April 2021 11 April 2021 11 July 2021 1 November 2021 12 January 2022 Bought plant Sold machinery (original cost 4,000 in 2020) Bought motor car (emissions 44g/km) Bought machinery Sold equipment (original cost 7,000 in 2018) 600 4,200 8,000 400 3,000
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To compute the capital allowances for Maurice for the year to 5 April 2022 we need to take into account the transactions of plant and machinery he mad...View the full answer
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