How do I write off small pools in the Capital Allowances grid?

Article ID: 1294
Last updated: 17 Sep, 2024

To write off small pools (with a balance of less than £1,000) and claim the allowance, first open the Capital Allowances grid.

SimpleStep mode

  • SA100 – Your Work > Self Employment > Short/Full Form – Details > Capital Allowances
  • SA800 – Trades or professions for (XXX) > Capital allowances for > CA – Asset Manager
  • CT600 (Version 2 form) – CT600 Short/Full > Trade and professional income > Capital Allowances > CA Wizard
  • CT600 (Version 3 form) – CT600 Core > Trade and professional income > Capital Allowances > CA Wizard

HMRC Forms mode

  • SA100
  • Short – Self Employment > Page 2 > Capital Allowances
  • Full – Self Employment > Page 3 > Capital Allowances
  • SA800 – page 3 > CA – Asset Manager
  • CT600
  • Short – CT600 > Short > Page 3 and click on the button for Add/Edit Capital Allowance Entries
  • Full – CT600 > Full > Page 6 and Click on the button for Add/Edit Capital Allowance Entries.
  • Core – CT600 Core > Page 8 and Click on the button for Add/Edit Capital Allowance Entries.

Then follow these steps:

  1. Select £1,000 or less, write off.
  2. Enter the total amount that you want to claim. 
Article ID: 1294
Last updated: 17 Sep, 2024
Revision: 11
Views: 3105
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Also read
item CT600: How do I enter a balancing charge/allowance on disposal of a capital allowance asset.

Also listed in
folder Tax Return Production -> SA100 Individual Return
folder Tax Return Production -> SA800 Partnership Return
folder Tax Return Production -> CT600 Corporation Tax Return