general pool disposals where no TWDV b/f?

general pool disposals where no TWDV b/f?

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There are disposals in general pool but  no twdv b/fwd because of AIA in previous years. Can we still claim full AIA on assets bought in current year or is AIA reduced by the disposals? And  what happens to the disposals? I cannot fing any guidance on this. Thanks.

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By Randify
18th Dec 2013 14:22

Balancing charge

If you have sold an asset and have no pool left to reduce then you have a balancing charge taxable).  Claim the AIA as usual.

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Replying to Tax Dragon:
By shogun
18th Dec 2013 14:31

thank you for that - it does make sense although i was under the impression that in the general pool you can only have BA or BC on cessation?

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