Enter capital allowances in Personal Tax

  1. Go to the accounting period in which you want to enter capital allowances.
  2. Select
    Business Accounts
    .
  3. Select the
    Capital Allowances
    tab.
  4. Select
    Analyse Allowances
    .
  5. Select
    New
    .
  6. Enter details for the asset.
  7. Use the dropdown box to select the pool to use to calculate the asset.
  • The pool will be shown in the
    Capital Allowance Explorer
    so that you can select it for further additions and disposals.
  • You can select the pool, then
    Calculate
    to show how the allowances are calculated.
  • Personal, Business and Trust Tax
    will roll forward the allowance each year.