Re: S/E Van purchase...........

Paul Garbett wrote:

Careful, Paul. You added your text after Doobies sig, and included
it (including the "-- " preceding it). Newsreaders normally discard
such sigs when composing followups, but yours didn't (probably because
it's mis-configured). The result is that all your added text appears
to well-configured newsreaders to be part of a (large) sig, and so when
I tried to post a follow-up to your message, all your text vanished, and
I had to do employ some jiggery pokery to save the day.

> Capital allowances on the £3,000 not of £3,000 of course. Presuming the
> van was bought between 5.4.4 and 6.4.5 the allowance rate is 50%, so
> claim:
>
> £1,500 this year (£3,000 x 50%)
> £375 next year (bf pool £1,500 x 25%)
> £281 next year (bf pool £1,125 x 25%)
> £211 next year (bf pool £844 x 25%) e
>
> etc until sold, scrapped,

With you so far

> or written down to £nil.

How does this writing down to zero work, then? I wasn't aware
such an option was even available. Presumably there are rules
about how low the WDV needs to be relative to the acquisition
cost for this to be allowed. Otherwise everyone would write
down to zero in year 2, thus getting the second 50% rather
earlier than tediously having to get it in dribs and drabs of
25% each year for "ever".

.

Relevant Pages

  • Re: S/E Van purchase...........
    ... You added your text after Doobies sig, ... > such sigs when composing followups, ... > down to zero in year 2, thus getting the second 50% rather ... Paul Garbett ...
    (uk.business.accountancy)
  • Re: S/E Van purchase...........
    ... > Paul Garbett wrote: ... You added your text after Doobies sig, ... > such sigs when composing followups, ... It is transferred to the Plant Pool so unless ...
    (uk.business.accountancy)