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Question 6. Cary is self-employed. His taxable trading results are shown below. Before After Capital Capital Capital Allowances Allowances Allowances Year to 31 December 2019
Question 6. Cary is self-employed. His taxable trading results are shown below. Before After Capital Capital Capital Allowances Allowances Allowances Year to 31 December 2019 - 12,300 9,700 - 22,000 Year to 31 December 2020 24,300 12,200 13,400 Required: Advise Cary whether or not to claim his capital allowances in either or both years. 5 marks
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