Economics · Capital Allowances
During the year ended 31 March 2025, Cheddar Ltd purchased a new machine for £100,000. The old machine was disposed of during May 2024 for £10,000. The old machine originally cost £90,000 and the super deduction was claimed when it was purchased. On 1 April 2024, Cheddar Ltd had a tax written down value brought forward on the main pool of £35,000. What are the maximum capital allowances that Cheddar Ltd could claim in the year ended 31 March 2025?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1£96,308
- 2£96,302
- 3£96,301
- 4£96,300✓
Correct answer
£96,300
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