Alfred and Edward King are brothers. They are trying to calculate their balancing payments for the tax year 2013–14, and the following information is available:
(4) The tax written down value of the partnership’s capital allowances main pool at 6 April 2013 was £10,000.
The only capital expenditure during the year ended 5 April 2014 was the cost of £82,000 for refurbishing the second floor of the partnership’s shop during January 2014. The cost was made up as follows:
|Moveable partition walls||17,100|
What are the capital allowances for the tax year 2013/2014?