FYA Computer Capital Allowance

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
Can anyone please clarify for me how computer allowances are calculated for the first year. I keep reading contradicting information. Some says 40% some stuff says 50% for small businesses bought between apr 00 and mar 04. But questions I have done in class do not tie up to this. I think my head is about to explode.

Thanks xxx and good luck everyone.

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:FYA Computer Capital Allowance

    The information I have been given is as follows:

    Before 31st March 2004 - 100%
    Between 1 April 2004 and 31 March 2005 - 50%
    After 01 April 2005 - 40%

    Don't worry, I'm still trying to get this in my head!

    Good luck to you also!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:FYA Computer Capital Allowance

    The majority of the time you will these given to you in the exam paper so I would not worry too much :D
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:FYA Computer Capital Allowance

    God I hope so. Got all five exams next week and the amount of information leaving my head is an awful lot more than what is going in at the moment!!! lol.
    Thanks .
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:FYA Computer Capital Allowance

    Five exams is some going :-o . Hope you cope alright.

    Steve

Categories

Privacy Policy