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CAPITAL ALLOWANCE SPLIT BETWEEN FY 2007 AND 2008

CAPITAL ALLOWANCE SPLIT BETWEEN FY 2007 AND 2008

The new AIA came in 2008 and the WDA allowance changed to 20%. Please can anyone advise me how to deal with this if you have corporation tax slit across 2007 and 2008. I understand that it is done on a weighted average? Can anyone explain the calculations required.
Thanks.

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23rd Jun 2009 06:21

Hybrid calculator
If you have a look on the HMRC website, there is a hybrid rate calculator which will calculate the rate for you.

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By Anonymous
24th Aug 2009 12:45

split year capital allowance
thanks for that.

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