Balancing Allowance over £3000 for a car | AccountingWEB

Balancing Allowance over £3000 for a car

SA clients car had engine damage but cost more than he could afford to repair it, therefore he scrapped it for a cost of £65. Now the capital allowances calculation is my query. The wda bfwd is £8,368, a third is taken as private use adjustment leaving £5,579 as a balancing allowance, but can this be claimed in full since there is a £3000 restriction on expensive cars? Any help gratefully received, can't seem to find answers anywhere else :(

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£3k isn't relevant


BKD thank you for that, I was

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