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Paper Ltd has main pool assets with a tax written down value of $38,000 as at 1April, 2020. They purchase three Zero emission delivery vehicles
Paper Ltd has main pool assets with a tax written down value of $38,000 as at 1April, 2020. They purchase three Zero emission delivery vehicles for a total of $76,000 and purchase a car for the CEO costing $32,750 . The car has a 30% personal use and emits 165g/ CO2 / km. During the year they dispose of assets for $ 1,400 which had initially cost $ 15,750. Calculate the total capital allowance that can be claimed in the year to 31March 2021and the tax written down value at that date
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