Enter capital allowances in Personal Tax
- Go to the accounting period in which you want to enter capital allowances.
- SelectBusiness Accounts.
- Select theCapital Allowancestab.
- SelectAnalyse Allowances.
- SelectNew.
- Enter details for the asset.
- Use the dropdown box to select the pool to use to calculate the asset.
- The pool will be shown in theCapital Allowance Explorerso that you can select it for further additions and disposals.
- You can select the pool, thenCalculateto show how the allowances are calculated.
- Personal, Business and Trust Taxwill roll forward the allowance each year.