Page 19 - F6 - Capital Allowances - Movable & Immovable Assets

Solution

 2017:

 Allowance on outstanding loan balance:

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

 Recoupment of unrecouped repayment:

Amount paid R0 (carried forward R1 750)

12 500 – 10 750 = 1 750 1 750

Limited to

13sept allowances:

0 + 7 250