Capital Allowances and Four Months

How long is four months?

Didn't find your answer?

A client made a legal committment to purchase some assets that would be eligible for AIA on the last day of the financial year. However the delivery was delayed and he did not part with any cash within the four month period. Is there any way he can still claim the AIA for the previous year even though the physical cash expenditure was this year?

Cheers

Replies (2)

Please login or register to join the discussion.

avatar
By Paul Crowley
22nd Apr 2022 10:21

Amazed there are no other replies
I think no
But it is just a timing difference

Thanks (0)