731 Writing down at fixed rate: calculation
Corporation Tax Act 2009 (2009 c 4) | Legislation

731  Writing down at fixed rate: calculation

(1)     If an election is made under section 730 for writing down at a fixed rate, a debit equal to the lesser of—

(a)     4% of the cost of the asset, and

(b)     the balance of the tax written-down value,

must be brought into account for tax purposes in each accounting

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