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Enter assets with 100% First Year capital allowance in Corporation Tax Advanced

  1. Right-click
    C – Fixed Assets
     schedule and select
    Develop
    , then
    Allowances – Plant Pool
    .
    This adds rows to the
    C – Fixed Assets
     schedule and creates a
    B – Plant Pool
     schedule.
  2. In the
    C – Fixed Assets
     schedule, enter the addition amount in the row for
    Plant Pool – FYA
     (usually cell B8).
  3. In the
    B – Plant Pool
     schedule, enter the amount in the relevant row of the
    Expenditure qualifying for FYA
     section (usually from row 56).

This article applies to:

  • Product: Digita Corporation Tax Advanced
  • Subject: Documents