March 2026 ACCA Exams Results

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mndao

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  • #631256
    Avatarmndao
    Member
    • Topics: 1
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    Please disregard this question (apologies for that) as I found out that a balancing Allowance can only arise on a main pool or SR pool on cessation of the trade.

    #631253
    Avatarmndao
    Member
    • Topics: 1
    • Replies: 2

    Dear, I was about to raise the same question (I guess) as my colleague.
    The car which is in the SR pool has been sold in YE March 2022 for a value lower than the WDV b/f at the beginning of the year. Therefore I was expecting a balancing allowance but the response seems to deal with a WDA 6% which I do not follow.

    Thank you

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