TXF6 UK

Question 1a Note 4 Alfred

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:

Alfred King
(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:

£
False ceiling 17,600
Display units 15,100
Tiled flooring 32,200
Moveable partition walls 17,100

82,000

Required:
What are the capital allowances for the tax year 2013/2014?

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