Enter written down value brought forward in Personal Tax
If a Partnership or Business Tax sole trade bought an asset before the first Accounting Period in Personal, Business and Trust Tax, you may need to enter the written down value brought forward in the
Capital Allowance
dialog.- Open the first accounting period set up in Personal, Business and Trust Tax.
- SelectBusiness Accounts.
- Select theCapital Allowancestab.
- SelectAnalyse Allowances.
- SelectNew.
- SelectAdd.
- Enter the details of the asset, including the actual purchase date.
- SelectOK.You will get the following message:One or more dates are out of the rangedd/mm/yyyytodd/mm/yyyyfor the accounting periods for this business. Continue?
- SelectYesto continue.
- Select the relevant pool, thenCalculate.
- Enter the actual amount brought forward inW.D.V brought forward.