QUESTION 11 2 points Save Answer Mowan is a sole trader. He has just prepared...
80.2K
Verified Solution
Link Copied!
Question
Accounting
QUESTION 11 2 points Save Answer Mowan is a sole trader. He has just prepared accounts for the six months to 31 July 2020. The tax written down value on the main pool at the start of the period was 24,000. His only transaction in plant and machinery during the period was the purchase of a new zero emission goods vehicle for 6,000. What are the maximum capital allowances available to Mowan for the six months to 31 July 2020? O A. 5,160 O B. 8,160 OC. 10,320 OD.2,700 QUESTION 12 2 points Save Answer Sean has been trading for many years making up accounts to 5 April. The only asset in the business eligible for capital allowances is a van which Sean uses 55% for private purposes. The tax written down value of the van at 6 April 2020 was 16,000. What are the maximum capital allowances available to Sean for the year ended 5 April 2021? O A. 1,296 O B.1,584 O c. 2,880 OD.8,800
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
