General pool: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Expand.) |
imported>Doug Williamson (Reference the main pool.) |
||
| Line 4: | Line 4: | ||
Assets in the general pool qualify for normal plant and machinery allowances, without any special rules being applied. | Assets in the general pool qualify for normal plant and machinery allowances, without any special rules being applied. | ||
The general pool is also sometimes known as the main pool. | |||
Latest revision as of 11:59, 3 March 2016
Tax.
The general UK capital allowances pool for qualifying capital expenditure which is not dealt with by any special rules (such as short life asset elections).
Assets in the general pool qualify for normal plant and machinery allowances, without any special rules being applied.
The general pool is also sometimes known as the main pool.
