After deducting capital allowances for the year to 31 December 2022, the tax written down values of

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After deducting capital allowances for the year to 31 December 2022, the tax written down values of a company's plant and machinery were as follows:

The company's next set of accounts covered the 15-month period to 31 March 2024. Plant and machinery bought and sold during this period were:

Calculate the maximum capital allowances available for the 15 months to 31 March 2024, assuming 20% private use of the BMW and Audi cars by a director of the company.

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Taxation Finance Act 2023

ISBN: 9781292461083

29th Edition

Authors: Alan Melville

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Question Posted: May 03, 2024 02:02 AM

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After deducting capital allowances for the year to 31 December 2022, the tax written down values of

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Taxation Finance Act 2023

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