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Post Info TOPIC: TAXCALC - unexpected hybrid rate of Capital Allowances
Don Tax


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TAXCALC - unexpected hybrid rate of Capital Allowances
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Taxcalc is throwing up 17.02% Capital Allowances during the first period of self employment from May 2010 to 31 March 2011.   It was only bought 2 days before the year end, but I don't see why that should matter.  It's 145 C0 and I've double checked all the accounting and basis period dates.

Anyone got any suggestions..... please :o)

Tim



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Don Tax


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Oh its the number of days in the short, first period of accounts. Strange how it threw up the word 'hybrid' though. Ok, panic over; serves me right for not typing up my capital allowance computations.
Tim

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