Where an asset is used partly for business and partly for private purposes, capital allowances are:
ADenied entirely
BGranted in full
CApportioned to the business useCORRECT
DGranted at half the normal rate
ICANTaxationCapital Allowances2024
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Why the answer is C, and why the others tempt you.
Allowances are restricted to the proportion of business use, determined on a just and reasonable basis. The same principle applies to balancing adjustments on disposal.
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