BTX - AIA allowance green light question stuck..
topcat
Registered Posts: 452
Hello,
Anyone else not think the AIA should be £25,000? Or am I misunderstanding ?
My workings:
£25,000 / 12 * 9 = £18,750
£250,000 / 12 * 3 = £62,500
Total AIA = £81,250
So the addition would be £30,000?
For the general pool I would then apply 18% WDA to £2000 = £360
Really don’t understand where any of the above figures come from compared to my thinking. Help appreciated please
Many Thanks
Anyone else not think the AIA should be £25,000? Or am I misunderstanding ?
My workings:
£25,000 / 12 * 9 = £18,750
£250,000 / 12 * 3 = £62,500
Total AIA = £81,250
So the addition would be £30,000?
For the general pool I would then apply 18% WDA to £2000 = £360
Really don’t understand where any of the above figures come from compared to my thinking. Help appreciated please
Many Thanks
0
Comments
-
If there's nothing else in the question (eg. is £5k of the additions a car or something else that isn't eligible for AIA?) it looks like this may be an error where the question has been rolled forward but not updated properly. I can't see anything in the question to suggest otherwise - anybody else?0
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