Capital Assets
Across
- 5. capital allowances are calculated at ________ rates given in legislation (8)
- 6. chargeable period for IT cannot be longer than __ months (8)
- 7. capital allowances can be used to encourage __________ (10)
- 10. fall in value of capital assets (12)
- 12. test for plant that looks at the life span of an asset (10)
- 14. type of expenditure that does not qualify for capital allowances, including goodwill (10)
- 15. if disposal value of an asset > value of pool, a balance ___ arises on excess (6)
- 16. type of allowance available over a number of years on a reducing balance basis (7,4)
- 17. what a fall in value of capital assets is called in the trading and profit and loss account (12,6)
- 21. chargeable period for IT (6,2,6)
- 23. type of plant and machinery exempt from AIA (3)
- 24. pool for all other plant and machinery
- 25. single allowance available where balance in the main/special rate pool is < £1,000 (5,5)
- 26. is a burglar alarm system plant?
- 28. relevent transactions can take place between ___ ___ (9,7)
- 30. where a customer must make their CA claim (6)
Down
- 1. if disposal value of an asset < value of pool, a balance ___ is given on excess (9)
- 2. main type of capital allowance (5,3,9)
- 3. test for plant asking whether the asset retains separate visual identity from the building (8)
- 4. number of activities that make a person eligible for CAs (4)
- 8. type of pool cars with CO2 emissions > 130g/km go into (7,4)
- 9. type of activity and expenditure a person must be carrying out to receive capital allowances (10)
- 11. chargeable period for CT cannot be longer than __ months (6)
- 13. something with moving parts, including electronic equipment and computers (9)
- 18. chargeable period for CT (10,6)
- 19. is a road plant?
- 20. type of pool short life assets go into (6,5)
- 22. available on the internet to show hybrid rates (5,9)
- 23. no restriction on size of customer that can claim AIA, but there are some restrictions applying to businesses under this (6,6)
- 27. test for plant that looks at whether an asset is used as apparatus in the business (8,3)
- 29. person incurring expenditure must ___ the asset as a result of incurring it (3)