Capital allowances
Refresh and update your knowledge on Capital Allowances.
Course Type
E-learning
Length
3 hours +
What you’ll achieve
When you've completed this course, you will understand how to:
- Classify capital assets for tax purposes, distinguishing between main and special rate pools.
- Calculate Annual Investment Allowance (AIA) and its application to plant, equipment, and integral features.
- Determine Writing Down Allowances (WDA) for different asset pools.
- Apply First Year Allowances (FYA) for qualifying assets, including zero-emission cars.
- Compute Structures and Buildings Allowances (SBA) and understand their limitations.
- Handle balancing adjustments and small pool balance claims.
- Treat short-life assets and calculate allowances for their limited useful life.
- Perform time apportionment for allowances in non-standard accounting periods.
About this course
Refresh and update your knowledge on Capital Allowances for companies, income from self-employment (ISE), and allowances for various different items, such as cars and equipment.
This course is made up of videos, questions and additional reading materials.
Accountants and tax professionals managing corporate or small business accounts; business owners looking to optimise tax relief on capital expenditure; individuals interested in UK tax law applications for capital allowances.
Overview
E-learning |
|
3 hours + |
|
Tax investigations |
Syllabus
The course covers the following areas:
- Allowances and Classifications
- Special Rules for Cars
- Structures and Buildings Allowance (SBA)
- Balancing Adjustments.
How to access
Once purchased you'll be able to access the AAT Learning Portal where you'll have 12 months from the date to access the learning materials. AAT Learning Portal allows you to view all the courses you've purchased in one place, monitor your latest training activity and create goals to help you achieve your training aims.