Are capital allowances available

Are capital allowances available

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Company client purchased a new piece of machinery for £30,000. This was funded by an initial deposit of 10% with the balance falling due 3 months later.

The deposit was paid 10 days before the accounting year-end so my question is whether AIA should be claimed in the earlier accounting period? I assume this would be dependent on whether the agreement was legally binding at the point of signature? If there was an option to pull out and lose the deposit would this alter the position?

To throw a further spanner in the works the machine has yet to come into business use due to a lack of space in the factory, although this is being rectified.

Thanks

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