Page 18 - F6 - Capital Allowances - Movable & Immovable Assets

Solution

 2016:

 Allowance on outstanding loan balance:

 (100 000 – 15 000 -12 500) x 10% (7 250)

 Recoupment of R12 500 repayment: 10 750

Amount paid: R12 500

Limited to

13sept allowances:

18 500 -15000 + 7 250 = 10 750

(12500 - 10750 = 1750 carried forward to 2017)