Question
Jas is a sole trader with an established manufacturing business. She prepares her business accounts to 5 April each year, the brought forward tax written
Jas is a sole trader with an established manufacturing business. She prepares her business accounts to 5 April each year, the brought forward tax written down values at 6 April 2020 are as follows: Main pool 80,000 Special rate pool 75,000 During the year ended 5 April 2021 Jas made the following additions and disposals: Additions at cost Plant and machinery 1,100,000 Car 1 (emission rating 178g/km) 55,800 Car 2 (emission rating 105g/km) 28,100 Disposals Plant (original cost 30,000) 21,000 disposal proceeds Compute the capital allowances for the year ended 5 April 2021. Your answer should clearly show the tax written down values to carry forward and the total capital allowances that can be claimed.
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