=+6 A machine costs 10,000 and has a five-year life. By how much can taxable profit be
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=+6 A machine costs £10,000 and has a five-year life. By how much can taxable profit be reduced through the writing-down allowance (WDA) in the third year, if the annual WDA is 25 per cent on a declining balance? If the tax rate is 30 per cent, what is the present value of the WDA in Year 4 to the machine's owners?
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ISBN: 978-1405882897
Coursepack Edition
Authors: Glen Arnold
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