Page 22 - F6 - Capital Allowances - Intellectual Property & Recoupments

Solution

2015: 500 000 – (400 000 + 50 000) = 50 000

but the allowance is disregarded under s 20B(1) as the full

consideration has not yet accrued to Helper Ltd.

2016: 500 000 – (400 000 + 50 000 + 20 000) = 30 000

but the allowance is disregarded under s 20B(1) as the full

consideration has not yet accrued to Helper Ltd.

2017: 500 000 – (400 000 + 50 000 + 20 000 + 25 000)

= 5 000

Allowance is allowed in 2017 as full consideration accrued

to Helper Ltd.